CDSL
CDSL - Bullish range breakout in Flag patternNote: This is for educational purpose only.
There seems to be a bullish range breakout in flag pattern with high volume. RSI above 60 indicates bullish momentum.
CDSL treadline breakoutCDSL treadline Break out and Pole flag Break Out on weekly Time Frame go long for positional
CDSL is forming a Volatility contraction pattern on the dailyA 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.
Update: CDSL another Opportunity to EnterSee the Link to my related idea, this is an Update for the same
CMP: 489.7
Stop Loss: Daily Close below 464
Target: (620 - 650 zone) so we take 630
Risk to Reward: approx 1:5
CDSL Strong Bullish SetupCDSL Chart is Fabulous and Bullish
- Buy Triggered yesterday as per Weekly Candle
- Solid Price Volume Action can be seen in the Approx 3 month Consolidation base
- Daily Chart shows a Bollinger Band Squeeze, with Daily RSI 60+, ADX 25+, MACD in Buy Mode
- Weekly Chart is just So Strong as you can Clearly see wonderfully respecting Ichimoku
- Target Minimum 620 - 650 upside can be seen
- For Stop Loss, use Weekly Tenkan Sen (part of Ichimoku System) and Trail till the Target is Met
- Approx 1:4 Risk to Reward Ratio from CMP, what Else is needed?! to take this Trade Setup
Big breakout on CDSLSymmetrical breakout on CDSL! NSE:CDSL
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CDSL buy opportunity Simple technical analysis - Bullish engulfing pattern formed with bullish trend and stock traded above - 20 Simple Moving Average :-
Buy if price crosses above - 489
Stop Loss - 455
Target 1 - 540
Target 2 - 590
Pls Note:- (Only for educational purpose and demo trading)
cdsl cdsl running in consolidation zone we can buy if it break upper level for targets 515 and above
CDSL may taste these levels in 2-4 months. If you r holding CDSL you might be thinking of slapping me. Wait and watch
Multi Bagger Stock, Gave 160% return in 6 months & more to comeCDSL
CMP - 487.5
For Short Term (30 Days)
Target - 520, 540
Stop Loss - 470
For Long Term (1 - 2 Years)
Target - 600, 800, and 1000
Note - Long Term investors keep an eye on the Results and Stock Related News.
Buying opportunity after retracementObservations:
1.) "+" Shows strength candles.
2.) Higher High + Higher low = Accumulation
3.) CDSL has moved out of the channel & also it is on 61.8% Fibonacci Retracement. There I expect small correction before it continues its rally.
4.) Rs 368 can be tough resistance in the short term, where I again expect some consolation before moving towards are future targets.
5.) Significant increase in volume in the past few weeks.
Trading plan:
Probable entry at 320-322 can significantly Increase the Risk to Reward ratio.
T1:400
T2:430
SL below the recent low
CDSL Given Breakout above The Resistance #CDSL : one of the two depository services in India Listed on NSE . #cdsl #bullish #breakout #nseindia #technicalanalysis
CDSL Breakout from resistanceThere is breakout in CDSL at the level of 290.
You can initiate a buy at current levels and wait for the targets to achieve 375.
The chart is forming higher bottoms and also there is volume addition.
The analysis has been done on weekly time frame so time to achieve the target could be 3 to 10 months.
Make sure to keep a stop loss of 275 on closing (weekly basis).
**ideas are my own***take risk as per your risk taking ability**
weekly/daily TL Breakout with high volumeCDSL broke weekly Trend line around 275 Fibonacci support at 273 looks good buy for tomorrow both intraday and positional
