CDSL CDSL is in a bullish uptrend and has been falling since past 2 weeks. Stock is retesting on 9EMA levels and can also test 21EMA levels.
It has potential to reach ATH levels with SL of 475 WCB/21EMA NSE:CDSL WCB
Cdslanalysis
CDSL - Bullish range breakout in Flag patternNote: This is for educational purpose only.
There seems to be a bullish range breakout in flag pattern with high volume. RSI above 60 indicates bullish momentum.
CDSL is forming a Volatility contraction pattern on the dailyA clear VCP on the daily chart of CDSL. Once it breaks out above 510-514, with no overhead supply, next leg of the bull run begins. If going by simple base count on the weekly chart, the stock will complete its second base, once it breaks out form the current base. The stock isn't overextended at least till the time we reach the 4-5th base.
