NSE:CDSL   CENTRAL DEPOSITORY
CDSL (Weekly TF):
-It has given Breakout from chanel and has also re-tested the chanel
-As per Wykoff study, there is Shortening of Thrust and along with SOT, there is Reverse use of trendline
-On confluence support of 20 and 50 Weekly Moving Average
-Along with this, there is .50 Level Fibonacci support level

Note: The above analysis is just for educational purpose.

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