CDSLTechnical analysis based on Trendlines & Price action
Use it just for reference and do your own analysis
CDSL trade ideas
CDSL trading at trend line supportCDSL trading at trend line support. Daily Chart. Possible for upside of 30%.
Target 1795 on breakout.Triangle pattern. Breakout most likely. Breakout failure on 15 Dec. Triangle pattern honoured again. Target 1795 on breakout.
Chart Analysis of CDSL (16 Jan 2022)CDSL
It is a provider of depository services.
Ascending Triangle breakout done.
Finally able to give best weekly closing ever.
Target : 1872,2332
SL : 1550 WCB
Only for educational purpose. Not a recommendation.
CDSL BREAKOUTBeautiful chart. Cdsl again on resistance. Triangle formation. Perfect for breakout trade.
CDSL Cmp 1609 dated 13-01-2022CDSL Cmp 1609 dated 13-01-2022
1. Channel support @ 1510
2. Triangle BO
3. Volume Increase
Buy for a tgt of 1675-1745 SL 1535
Higher tgt of 1870-2100 SL 1450
It is just a view, pls trade at your own risk.
Buy Today, Sell Tomorrow: CDSL for more than 5%DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
CDSL - a perfect buying opportunityCDSL was consolidating since sometime and now it seems that consolidation time is over.
With good volume, CDSL about to give a breakout.
Ascending triangle breakout can be very good for giving quick gain.
RSI is also at breakout level and is >60 showing good momentum.
Disclaimer: Pls invest at your own risk.
CDSL Simple tradeLet price touch 50 ema or this trendline and we can open a position. Closing daily candle below trendline close the position.
One can hold this stock for the long term as well.
DISCLAIMER: For education purpose only, do your own analysis or consult your financial advisor before taking a position.
CDSL long targets. Good upward trend chart pattern.Long CDSL at CMP.
Can accumulate from 1500 and above levels.
Short term target is 1630 - 1750.
Long term breakout target will be 2000 and above.
LIC IPO and result season will be a positive trigger moving ahead.
Less risky players keep booking partial qty on the target levels.
CDSL LongAbout to breakout Ascending Triangle Pattern as well as Cup & Handle pattern on weekly basis, may have a upside potential of 25% from CMP, based on the depth of cup
cdsl dated on 6 jan 2022CDSL is forming a channel pattern for the past 5 months. Now its trading near its support level. Do your own analysis and take positions
CDSL - VCP Pattern with Relative strength study CDSL is forming VCP pattern ( Volume Contraction Pattern)
Breakout above 1620
Positive Relative Strength and Increase in volume near resistance shows a good move is coming
RSI is bullish and above 60 it will be highly bullish.
CDSL on the moveReasons
1) Reversal from the great resistance
2) broke previous 1 week high.
Target
1) Resistance 1
2)Resistance 2 ( less likely) will have pull back before that.
Thank you
CDSL - falling wedge breakoutCDSL has given a falling wedge breakout.
Positional entry can be taken on break of previous day high.
Fundamentally strong company, once can accumulate at current levels.
This is only for educational purposes. Trade at your own risk.
Intraday @CDSLCDSL CHART FOR INTRADAY 3RD JANUARY 2022
#stockmarket #investing #stocks #trading #money #investment #finance #forex #invest #investor #business #financialfreedom #nifty #entrepreneur #sharemarket #bitcoin #trader #stock #wallstreet #cryptocurrency #daytrader #sensex #wealth #forextrader #daytrading #nse #bse #success #forextrading #bhfyp
CDSL Cmp 1487 dated 30.12.2021CDSL Cmp 1487 dated 30.12.2021
1. Channel support @ 1450
2. RSI Divergence.
Buy for a tgt of 1540-1590-1625- SL 1440
It is just a view, pls trade at your own risk.
CDSL ready for next moveCDSL has given a BO and made quick move towards 1700. Could not sustain and pulled back and almost completed the retest of BO levels. You can enter here with a strict SL of 1440 towards the new target if the retest levels are not broken on down side.
