Triangle Pattern | CDSL⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
FOR EDUCATION PURPOSE ONLY!!!Its just a chart pattern that i am showing to you and lets check where it goes and how it works for future reference
✅Latest CDSL News (November 2024):
▶️issuing bonus shares in a board meeting on July 2, 2024.
▶️Up 79.55% YoY, currently trading near ₹1,617.
▶️Managing over 10.4 crore demat accounts, boosted by retail investor growth.
✅Technical Analysis
📍Strong bullish momentum; trading near 52-week high
📍Support ₹1,550
📍Resistance ₹1,680.
📍RSI Overbought zone, signaling strength.
📍MACD Bullish crossover, indicating upward momentum.
📍Volume High trading volumes confirm price movements.
🎯Positive trend backed by financial strength but watch for market volatility.
💡✍️Applied Tools:-
✅Strong Chart Pattern
✅Channel Pattern
✅Strong Demand Zone
✅100 Day EMA
✅Fundamental Analysis
👉CDSL is one of two Indian depositories, earning from demat accounts, transactions, IPOs, and annual issuer charges.
👉High Net Profit Margins and Return on Equity.
👉Robust financial health.
👉Compare P/E and P/B ratios with peers; consistent dividend payer.
👉Market dependency, competition (NSDL), and regulatory changes.
👉Long-term growth supported by India’s growing financial market and digital adoption.
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Cdslanalysis
CDSL : Swing Trade#CDSL #Chartpattern #VCPpattern #swingtrade #structuretrading
CDSL : Consolidation Breakout soon
>> VCP Pattern developing
>> Breakout Candidate
>> Good Strength & Volumes
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
In the Current Market Scenario, high Chance Breakouts may fail. Trade with proper Risk Management, right position sizing & proper Stop loss rules
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
CDSL (Looks Good For Short Term)CDSL has given a trendline breakout on a daily chart. The stock can head towards 1960, 2000, and 2100 levels in the coming days. The stop loss can be placed at the low of the current candle (2nd Feb) which is 1823. The stock also has taken support on the weekly candle.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
CDSL for 50% (approx..) GainCDSL is showing a Trendline breakout on weekly chart. Pure technical call.
CMP : 1280
TG : 1930
SL : Below 21 EMA
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout .
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on 2 hour chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
All time high - CDSL- Techno-Fundamental analysisCDSL
Trade idea - Swing trade/short term momentum capturing
- Entry - Immediately after market open
- Stoploss - 1860 (3-4%)
- Position sizing - 20% of the capital
- Target - 2270 (20% of the breakout)
Catalyst behind
- Finance sector as a whole have come out with great results.
- Reserve bank of India with their new policy for banks have created a major impact on finance
sector also.
- Quarterly diluted EPS - 35% up from previous years same quarter (we usually take diluted eps
for concentrated analysis and the reason we compare from previous years quarter - because
to hinder one time extraordinary earnings on sale of real estate or machinery)
- Annual diluted EPS - 150% up from past 3 years (2020 2021 2022)
- Return on equity - 27% (considered great as its above average of 17%)
- Total revenue - 35% up from previous years same quarter (record high earnings)
Technical analysis
- RSI weekly - above 60
- Price is above all trend moving averages - 20dma and 50dma
- Bollinger band - Squeeze open (volatility contraction)
Happy trading
CDSLStrength :-
Effectively using its capital to generate profit - RoCE improving in last 2 years
Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
Efficient in managing Assets to generate Profits - ROA improving since last 2 year
Company with No Debt
Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
Annual Net Profits improving for last 2 years
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Tiredness :-
MFs decreased their shareholding last quarter
Decline in Net Profit with falling Profit Margin (QoQ)
Decline in Quarterly Net Profit with falling Profit Margin (YoY)
Fall in Quarterly Revenue and Net Profit (YoY)
Recent Results: Declining Operating Profit Margin and Net Profits (YoY)
Near 52 Week Low
Weak Momentum: Price below Short, Medium and Long Term Average
CDSL going to touch 1900 level soonOn the Weekly chart, the Share breaks the major resistant level near 1500. After more than 4 months of Staying between range and breaking it on a weekly level. If he holds it and momentum continues as per the chart then it going to test again at 190 levels in the near future on the basis of Fibo. level.
Short term target is 1640 from the current level
Long term target is 1900 in 6 months
CDSL | Volatility Contraction PatternNSE:CDSL
Swing / Positional Trade
(Passed All My Technical Analysis / Fundamental Analysis Check's)
Entry / Exit - This Time What Suits You According to the setup. :: (Risk Must Be Managed.)
Keep Your Eyes On Index Or Any Bad News That Affect The Trade Or Market.
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--------------Any Suggestions--------------
Simple Positional Long/Buy trade setup | CDSL | Short-Mid TermNSE: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 has formed symmetrical triangle pattern.
If it breakout upward then it will be bullish.
If it gives breakdown of support trendline then it will be bearish.
Please refer below chart : 1day Time Frame.
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In this stock it is better to take positional trade. Below is the levels and setup for only long positional trade setup.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL.
CDSL - Seems ready for the next burst up?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. Invest your capital at your own risk.
Abhishek Singh (@Abhishek_TradersSin)
~ Middle-class IT Employee trying to simplify Technical Analysis.
~ Do follow and like if you like the work.
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.
CDSL Big BreakoutHere in this chart analysis, we'll get to catch a swing trade of approximate 13-14 % in CDSL.
In chart you can see a very clear pattern of FLAG&POLE. And 15 min chart is also showing a dynamic support of EMA 200. HERE the shape of FLAGE is symmetrical triangle. CDSL is about to give a breakout through the upper resistance of the FLAG . What should you suppose to do in this situation is ,,,,,,, wait and watch for the break breakout. Thereafter you just buy CDSL and wait for a handsome profit of 13-14 %
ALL THE BEST
HAVE A GOOD PROFIT AHEAD
DISCLAIMER :- This analysis is for educational purpose only. Don't take it granted as buy/sell recommendation.