CDSL stock has been following a ascending channel pattern in daily and weekly timeframe and is near make/break level If the stock sustains above 1465 then buy for LONG positions as and when we get a confirmation candle. Supporting Indicators: The Stochastic RSI gave a crossover arounf 1407 levels and this leading indicators move was confirmed by two consecutive...
Overall trend is very bullish future looks good of this corporation from this point of time we can see a continuation of the trend.
After a good bull run it was in good consolidation and has formed ascending triangle. After breakout can give 7-10% returns Stop loss can be placed below trendline or 1300 on closing basis
Potential Ascending triangle breakout, 15w high close with surge in volumes augurs well for this stock. T1 - 1575 |T2 - 1725
buy CDSL on CMP forming symmetrical triangle pattern wait for breakout buy above 1400 and also CDSL shown very good result on 30th october 1st target 1600 last one 2000
NSE:CDSL Observations: 1) On daily time frame, we can see 50DMA is working as support. In last session, It took support from it closed with bullish candle. So Major support range is 1290-1300 level. Please refer below chart : 1day Time Frame. 2) Also on daily time frame, we can see that it is taking support from major support trendline. And also it...
Category: Triangle Breakout Key Highlights: 1. Bullish market structure on HTF. 2. Bullish flag and pole/triangle pattern consolidation happening. 3. Bullish volume is higher and weak non-patient hands are getting out. 4. Direct beneficiary of the increased equity share. Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only....
cdsl chart analysis for intraday and swing trading
Long CDSL between 1380-1390. All levels given on charts. let;s wait for the right entry. Stock forming higher highs & lower lows & very high probability to BO from the zone very soon. This is for your educational purpose only.
CDSL is formed symmetric trangle pattern. We can keep eye on this stock for breakout. Very Soon breakout expected.
Breakout retest done Good Zone to Accumulate :- 1340-1360 Short term target :- 1550-1600 Long term target:- 2000 Short term stop:-1250 Long term stop :- 1100 Disclaimer :- Chart is only for educational purpose.
seems like downtrend is over macd is also given buy signal moving averages are also supporting
BUY CDSL FOR THE TARGET OF 1530. KEEP SL AT 1275 Very strong stock to hold for long term as well.
CDSL - Good stock to consider for long term investment. One can do SIP also in this stock. For the targets "SKY IS THE LIMIT.
CDSL Next Target, Long above 1600 DCB It will clearly give a 400 to 500 Points Up Move as per its uptrend from 500 to 900, 1050 to 1400 next 1600 to 2100
As we can see in daily chart after a superb rally upto 1577, price has stuck in triangle. recently company has offered handsome dividend of rs 9. now price is still getting strength and trading near lower level, above 1320 level will take price to the 1400 level soon, and above that level price will be unstoppable, and we can assume tgt of 1550 in coming months.