CDSL looks strong on daily chart , gives breakout on falling resistance trendline and closed above strongly and gives breakout on Bollinger bands too relative strength indicator gives signs of coming bullishness in this stock. Fundamental strong counter. CAUSE OF LONG-: 1- Falling resistance trendline breakout. 2- Bollinger bands breakout. 3- Relative strength...
#cdsl Cdsl is approaching a breakout area again. Very positive with this stock. Will add up my position on breakout and pullback.💪 #vr
NSE: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...
Note: This is for educational purpose only. There seems to be a bounce from 21 EMA with good volume. RSI above 60 indicates bullish momentum.
CDSL CMP - 487.5 For Short Term (30 Days) Target - 520, 540 Stop Loss - 470 For Long Term (1 - 2 Years) Target - 600, 800, and 1000 Note - Long Term investors keep an eye on the Results and Stock Related News.