Central Depository Services LtdTriangle breakout pattern with high volume in Central Depository Services Ltd
CDSL
CDSLNote:
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
CDSL_Buy #CDSLBuy #CDSL immediately once the market opens tomorrow..Keep the SL of 1266 for the Target of 1580 and then ATH (min ~30% upside from the current level)
Converging TriangleA close look at the chart of CDLS and BSE reveals that both price charts are making the similar patterns OF CONVERGING TRIANGLES. There was also a similar price and volume breakout in the prices of BSE and CDSL charts a few months back. Both the charts are converging, so a breakout in the near future is expected.
The companies such as CDSL and MCX perform similar functions. They serve as depositories. While CDSL is primarily for equities, MXC serves this purpose for commodities. When equities rise, gold will lose value as a good hedge, subsequently trading in commodities will reduce, thus bringing down the turnover in MCX and bringing down its price. In effect, the price charts must show an inverse relation in the charts of MCX AND CDSL. Its surprising to see both the prices rise and hit new highs
Another interpretation is that since the financial and capital markets is garnering never before seen attention, its possible that the increase in both the companies may imply the rising belief and participation of the common man in the markets of both equities and commodities.
Cdsl is again ready to fly CDSL is looking good to go long after forming a small red candle a bullish hammer green candle is formed and close at day high which is a good single to go long again for 100 to 200 points.
Disclaimer:- This is only for educational purposes do your own analysis before investing hard-earned money.
CAMS swing trade analysed on 17 sep 2021CAMS swing trade analysed on 17 sep 2021
swing trade for 1 to 2 weeks
fundamentally this stock can give returns in future as it is unique that any other stock
CDSL chart AnalysisCDSL Is After long Rally correction over ,And supported long term trend ,and also breakout down side corrective trend now price expect upside 1410 in short-term and 1700 in long term
CDSL - BUY AGAIN .. SMALL RISK AND HIGH REWARDCDSL in ASM currently..
very soon can come out of trade 2 trade..
Nifty at 17400 , u need safe stocks to buy at Current levels..
CDSL is that kind of stock which gives u immense safety at current levels..
Just hold it tight with sl 1095 , this can go to 2000-2500 in long term too,,
CDSL LongCDSL central depository..
Education purpose
Bullish flag falling wedge occur
best buy at 1225 rs. there should be long up to target hit.
wait and watch the magic in next few weeks min 3 week.
what are your views guys..
CDSL ready for Run-up!Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.
The bull run is not fading away with that new accounts are increasing in market so CDSL and NSDL are getting benefitted.
Fundamental-
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 24.10% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 42.69%
Debtor days have improved from 34.34 to 25.21 days.
Technical-
Long term Uptrend intact.
Time and price correction after massive runup.
Volume dried out.
Fresh volume and flag breakout.
Flag breakout rested.
Good pick for short and long term investment.
Buy 50-80% on CMP rest on dips.
Target for short term - 1320 | 1410 | 1500
Target for Long term - 1570 | 2160 | 3100
CDSL - stallion on the verge of rearingThe price is on the verge crossing 61.8 % fibonacci retracement = 1212.
The 50 dma support is also at 1212.
5 EMA, 13 EMA and 26 ema are reverse crossing also at 1212.
chart pattern indicates potential Upflag BO @ 1212 +.
CDSL seems to be getting ready to rear and charge for targets above 1600.
For educations purpose.
Long[/i whenever day candle closes out of rectangle make entry for 20%-30% target
Max days to hit target 🎯- 30-40 days
#investments and tradings are subjected to market risk.
SYMMETRICAL TRIANGLE FORMATIONFormation of symmetrical traingle pattern in lower timeframes and takig support in longterm dynamic trendline NSE:CDSL
Support at 1065Best stock for Long Term.
OPM - 63%
ROE - 25%
ROCE - 32.4%
ROIC - 27.5%
SALES 3Y - 22%
PROFIT 3Y - 25%
At this point many investors are in panic because of this stock going into ASM list. Any stock goes into ASM list if there is an unusual price action in very short duration of time.
At this moment just have patience. And wait for a reversal.
CDSL: The BombCDSL has been on a correction phase and is treating 1246 as a level of support. You can clearly see the ABC correction and the minimal volumes throughout that phase points towards strengthening around the 1200 price range. The formation is like a bull flag and these usually result in sudden bullish moves. Positional trades can be taken in parts starting the first part as CMP and slowly adding on dips for a target of 1500+. Time frame for the target may vary from 3-6 months. Stop loss should be around 1150 just below 50 ema. The best buy is just around 1000 levels. So remember to make entry in parts.
CDSL Descending triangle patternCDSL on watchlist:
- Forming descending triangle pattern
- Contraction in volumes & volatility seen.
- May break of triangle on either side (BO/BD). If breakout, can look for buying opportunity.
- Keep on watchlist.
*only for educational purpose not a recommendation.
This Is the Chart DCAL,Going for swingThis chart of DCAL is showing big accumulation,and from Bottom i started going up.can give 10-15% movement in short term
