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 running in consolidation zone we can buy if it break upper level for targets 515 and above
If you r holding CDSL you might be thinking of slapping me. Wait and watch
CDSL : Closing 469.15:TradingDesk #GHC3BarDecider
CDSL 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.
Observations: 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...
#CDSL : one of the two depository services in India Listed on NSE . #cdsl #bullish #breakout #nseindia #technicalanalysis
There 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...
Follow for latest updates CMP- 297 Target- 303
CDSL broke weekly Trend line around 275 Fibonacci support at 273 looks good buy for tomorrow both intraday and positional
CDSL can break its all time weekly/daily TL
CDSL - CENTRAL DEPOSITORY SERVICES LTD. CMP : 234. BUY ONLY IF SUSTAINS ABOVE 250. CAN TAKE SHORT POSITION WITH 250 SL INTRADAY BASIS. CDSL COULD DRIFT LOWER TO 160-180 OR MUCH LOWER, IF 250 NOT TAKEN OUT IN COMING SESSIONS. TRADE CAUTIOUSLY. BETTER BOOK SOME PROFIT AND WAIT FOR 250 TO CROSS FOR FRESH POSITIONS.
Stock is trying to build a base at around 335-340 levels, which is also 61.8% of the entire bull run from 243 to 486. So it could be a buy at current levels or on intraday pullbacks, as one likes. The Stop would be below 335. Strategy : 1) The stock bounces from this level -- In this case partial profit would be taken at 362 so that even if the stock reverses...