CDSL - CENTRAL DEPOSITORY SERVICES LTD.
CMP : 234.
BUY ONLY IF SUSTAINS ABOVE 250.
CAN TAKE SHORT POSITION WITH 250 SL INTRADAY BASIS.
CDSL COULD DRIFT LOWER TO 160-180 OR MUCH LOWER, IF 250 NOT TAKEN OUT IN COMING SESSIONS.
TRADE CAUTIOUSLY.
BETTER BOOK SOME PROFIT AND WAIT FOR 250 TO CROSS FOR FRESH POSITIONS.
COCHINSHIPYARD LTD.
CMP : 407
BOOK OUT PROFITS AT 440-455 RANGE.
WAIT FOR FRESH BUYING. START BUYING IF AND ONLY IF PRICE SEEN ABOVE 480.
FOLLOW ON TWITTER @DTCLST
Wipro
Short level spot b/n 296-297
SL: 301.5
Targets: 282/278
Reason: Twizzer TOP / C wave down expected from 296-297
ADD LONGS FROM 278-282 LEVELS AS THE BUYBACK IS EXPECTED SOON AT 325
The stock is a holding company that holds RPSG Ventures, which is present in the BPM industry through its subsidiary Firstsource Solutions Limited (FSL), where it holds ~54% of the stake. FSL provides transformational business process solutions leveraging its ‘Digital First, Digital Now’ approach to create value across segments like banking and financial services,...
The stock has several resistances lying ahead of it & it is sitting at a crucial resistance/support at 51.35.
Positive news:
1. Defense spending
2. Earnings coming up
3. Its British subsidiary made EV Buses delivery for London's equivalent of DTC/BEST; With Delhi's EV policy shaping up + Anti-China sentiments deeply ingrained; it's an Indian front-runner for...
