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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Cdsllong
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
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
Range Breakout with Huge Volume in CDSLWould love to call this analysis as "CDSL 2.0", After sharing study/view previously, the Price Moved exactly as per our analysis that we plotted/planned in the/as per chart. So This Time Sharing the analysis on same stock but with different condition, different situation in the chart. We can see the price rejection from the previous highs (rejection marked in red arrows in the chart), but this time managed to cross ad sustain above those levels with such huge or increase in volume . After breaching the rejection zone/ resistance zone / supply zone we can expect a big rally with good upside move. I would suggest to go long with the strict stop-loss of candle closing below 1540 level For the target of 1730, 1868, 2054. Can go Long at CMP or also can go with buy on dip strategy till 1580 level.
TARGETS in the charts are decided by the fusion of FIBONACCI AND PREVIOUS DIPS FROM HIGHS.
ABOVE POSITION/ENTRY IS SUGGESTED ON THE BASIS OF RANGE BREAKOUT. TAKE THIS STUDY AS A EDUCATION, DO YOUR ANALYSIS BEFORE TAKING/ENTERING INTO THE TRADE.
THIS VIEW OF MINE IS PURELY BASED ON TECHNIAL CHART AND FOR EDUCATIONAL PURPOSE ONLY, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR STOCK/SECURITY.
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--------------
CDSL bullish viewChart is self explanatory (Cup & Handle + Triangle Pattern breakout). Buy CDSL @CMP till 1345. Trade with strict stoploss of 1200-1220
Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do your own analysis before taking any positions
LONG CDSLCDSL 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 days spike in Volumes of the stock and also by MACD crossover.
Look for buying opportunity once it breaks above the channel levels.
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 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.
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.