CDSL ReversalCDSL bullish reversal. Took support of 1368.20. Will approach towards 1742 and hopefully further
CDSL
CDSLAs per my analysis, cdsl in strong uptrend
currently we are in 5th wave of 3rd when this wave gets completed, we will see a good retracement up to 2431 area which is the best area to buy again cdsl, then it will complete its 5th wave.
I have mark all the points
CDSL IS GETTING READY FOR ANOTHER RALLYCDSL has given a strong breakout of it's ATH on monthly basis with a strong bullish candle having great volumes. The ATH level has been retested and now it is getting for another rally.
CDSL -Bull run 2.0 loading?CDSL has been in an amazing bull run since last 2 years because of the growing investment in Indian stock market.
Stock has formed a beautiful inverted head and shoulders pattern near ATH.
A breakout of the pattern will bring more bullishness in the stock.
I would rather prefer adding on dips than having a close SL in such stocks.
CDSL If Weekly 🕯 closing sustains above 2597 on 2nd Sep 2024 then it could trigger a upward momentum to 4150 within 18th Nov -- 2nd Dec 2024
Disclaimer:
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
2000 to 4000 sooon Investment Pick
CDSL
Fundamentally a GEM
➡️ Biggest Depositary of India
➡️ Growing Business
➡️ Bet of India Growth Story
Technically it has just started its 3rd Wave and it will continue till Rs 4150 apx
Safe Investment with Target to DOUBLE in 3 Years
Slow and Steady wins the Race.🐢🐢
Mount 📈 weekly closing above that red line could possibly trigger 📈 to 2556 within 8th April 2024.
Disclaimer:
It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
CDSLPast one year is forming a parallel channel
once daily closing above mean area then we may expect touching upper channel
CDSL BreakoutMonopoly company
A business to last forever, never Die
CMP 2387
Weekly Breakout observed at 2317
Volume profile is super at Daily and Hourly timeframe
25% upside possible till Deepawali 2024
accumulation level close to 2300
Note: Not a Buy / Sell recommendation
CDSL - BUY for LongtermCDSL is a great stock and is now monopoly (duopoly once NSDL is listed). If is down 17% from ATH and is a decent price to enter/accumulate at this level. If it falls further, it can be averaged. Book partial profits above 2600-2800 price.
Central Depository Services Ltd - Long Setup, Move is ON...#CDSL trading above Resistance of 1734
Next Resistance is at 2261
Support is at 1240
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
CDSL Clean attempt for All time highA stop loss in the range of 2150-2200 can be kept for traders if you want to play this counter. NSE:CDSL has broken out and is trying its best for a new all time high. Looks very strong and the attempt is clean as well.
CDSLLooks like good days for #CDSL are coming back, the stock has given a fresh 52 week high closing with good volume spurt and RSI breakout.
After making a making high in Dec 2021, the stock corrected by about 50% from its top and seems to have gone under significant price & time wise correction. It is now moving up from confluence of weekly 20, 50 & 100 ema and has already given a counter trendline resistance breakout and retest.
CDSL on the verge of breakoutNSE:CDSL is on the verge of a breakout and if this happens, a consolidation will end. Keep a stop loss at 2000 once the breakout takes place. Fundamentally strong and technically a sound breakout on the cards.
CDSL🚀 CDSL 🚀
📈 Strong Breakout Stock
📦 Darvas Box Breakout
📈 Trading near All-Time High
🔄 Round Bottom Structure Breakout and retested
📊 Strong Volume Buildup
📈 Entry: 2020
🎯 Target: 2150, 2300++
🛑 SL: 1880 WCB
Disclaimer: Strictly for Educational Purpose
CDSL W Flag breakoutDemat account hits new high in FY24, 31 lakh more additions in March
Rectangle box consolidation and flag breakout with good volume. Targets in chart. Could see breakout on Weekly RSI on zooming very close. If chart adjusted for dividends, Weekly RSI breakout is visible. 35% upside potential.
CDSL RANGE BOX BREAKOUTCDSLbreaking a rectangle on WCB
with good volume building up
strong rsi also
EDUCATIONAL IDEA
CDSL (REVERSAL(CDSL is showing strong volumes and expected to deliver 15-20% move in coming sessions.
Tgt: 2100-2200
NOTE: I'm not a SEBI REG. Study before investing.
CDSLCDSL Weekly chart. Flag breakout. Flag pole target is near to fib 161.8%. Should be an ideal target.
CDSL | Positional Trade📊 DETAILS
Sector: Misc. Commercial Services
Mkt Cap: 20,460 cr
Central Depository Services Limited is a Market Infrastructure Institution (MII), part of the capital market structure, providing services to all market participants - exchanges, clearing corporations, depository participants (DPs), issuers and investors. It is a facilitator for holding of securities in the dematerialised form and an enabler for securities transactions.
TTM PE : 57.96 (High PE)
Sector PE : 54.23
Beta : 0.84
📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
1.59% away from 52 week high
Outperformer - Central Depository Services Ltd up by 3.27% v/s NIFTY 50 up by 1.07% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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CDSL - all set to scale new highsNSE:CDSL
1950
all set to scal new highs
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
CDSL !! After Breakout Re-Test is done successfully CDSL !! After Breakout Re-Test is done successfully.
Can be considered for Swing Trading
CDSL - SWING TRADE - 5th January #stocksCDSL (1D TF)
Swing Trade Analysis given on 5th January, 2024
Pattern: FALLING WEDGE
- Trendline Breakout - Done ✓
- Retracement & Consolidation - In Progress
#StockMarketindia #StocksInFocus #swingtrade #chartanalysis #cdsl
