Updated

Support Restest and Breakout is expected in CDSL

281
Central Depository Services Ltd (CDSL) has shown a classic support retest and breakout on the daily chart, indicating renewed bullish strength from a key zone. The price respected previous support and has now confirmed a breakout with momentum, aligning with technical breakout trading setups. Additionally, a sharp recovery is visible in the CDSL 1500 call option, suggesting a potential reversal and short-term upside for both the equity and its derivative.
Trade active
Boom

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.