Cdslpricetrendanalysis
CDSL at Make-or-Break Level | Weekly Timeframe AnalysisCentral Depository Services (India) Limited is currently trading near a crucial weekly demand zone after a prolonged corrective phase. The stock has been forming lower highs and lower lows, indicating medium-term weakness, but price is now approaching an area where strong buying interest was previously seen.
Key Levels
Demand Zone: ₹1030–1080
Immediate Resistance: ₹1675
Major Supply Zone: ₹1950–2000
Strong Support: ₹811
Outlook
As long as the demand zone holds on a weekly closing basis, a reco
CDSL Ready for Breakout: Next Big Rally in the Making?Central Depository Services (India) Ltd. is showing a strong recovery from its long-term support zone and is now approaching a crucial descending resistance trendline. This zone has acted as a supply area multiple times, making it a key level to watch for the next directional move.
The current price action indicates early signs of strength, with buyers stepping in near support and forming a higher low structure. An early entry can be considered near current levels with proper risk management, b
CDSL Healthy and also wealthy swing tradeNSE:CDSL
CDSL chart have two pattern.
1. Most common and effective W pattern
2. pennant pattern
possibilities of trade.
Bull Scenario
1. W pattern forming and breakout.
2. pennant breakout.
Bear Scenario
1. Pennant breakdown.
Special Bull Scenario 😅 (People who have always in profit)
1. Pennant breakdown then after take support and break lifetime high
(Extreme bull scenario 😅)
Why this is healthy and wealthy?
Because this is stock have a strong trend stock and also have strong fundamental
CDSL Reversal !!!CDSL is on the verge or Reversal or Temporary Pull back
There are multiple learnings in this Chart
1. The Stock taking support at 200day EMA
2. The Candle stick pattern is a Doji Pattern refers to indecisiveness of the demand & supply
3. Previous Gap Resistance acting as Support
4. Hidden Bullish Divergence
5. When price is falling the volume lacks strength
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 M
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
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
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
CDSL- Ichimoku Bullish BreakoutStock Name - Central Depository Services Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1305
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you























