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Cdslcandlestick

CDSL - Multiple Selling PointsStock in LH LL Mode in Daily Currently has multiple strong selling areas It is bound to make another Lower Low in coming days First possibility of selling opportunity arises at 1200 to 1220 Second selling area is at 1250 -1290 Third strong selling area is between 1330 - 1355 Forth and final strongest selling pressure area is the Gap zone created between 1425 - 1475 Create & keep multiple alerts as the possibilities are endless in coming days for CE selling / PE buying Always confirm trades on Multi Time frame before entry with proper SL
NSE:CDSLShort
by Vishy5
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
NSE:CDSLLong
by Refex_capital