Vb_tr

CDSL is forming a Volatility contraction pattern on the daily

Long
NSE:CDSL   CENTRAL DEPOSITORY
A clear VCP on the daily chart of CDSL . Once it breaks out above 510-514, with no overhead supply, next leg of the bull run begins. If going by simple base count on the weekly chart, the stock will complete its second base, once it breaks out form the current base. The stock isn't overextended at least till the time we reach the 4-5th base.