BUY CDSLlong term support for last 4 months. Bought at support level with risk to reward ratio of 1:4. Expecting it to be 8-14 days trade.
CDSL trade ideas
CDSL TriangleCDSL has formed a triangle Taking support from Lower Major trendline. Price Squeezing.Have an Eye for this.
CDSL ready for Run-up!Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.
The bull run is not fading away with that new accounts are increasing in market so CDSL and NSDL are getting benefitted.
Fundamental-
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 24.10% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 42.69%
Debtor days have improved from 34.34 to 25.21 days.
Technical-
Long term Uptrend intact.
Time and price correction after massive runup.
Volume dried out.
Fresh volume and flag breakout.
Flag breakout rested.
Good pick for short and long term investment.
Buy 50-80% on CMP rest on dips.
Target for short term - 1320 | 1410 | 1500
Target for Long term - 1570 | 2160 | 3100
CDSL - stallion on the verge of rearingThe price is on the verge crossing 61.8 % fibonacci retracement = 1212.
The 50 dma support is also at 1212.
5 EMA, 13 EMA and 26 ema are reverse crossing also at 1212.
chart pattern indicates potential Upflag BO @ 1212 +.
CDSL seems to be getting ready to rear and charge for targets above 1600.
For educations purpose.
Long[/i whenever day candle closes out of rectangle make entry for 20%-30% target
Max days to hit target 🎯- 30-40 days
#investments and tradings are subjected to market risk.
#Cdsl cash : look good above 1240.10#CDSL Cash -Positional call
30.08.2021
Looks good abv 1240.1
stoploss 1140
Target 1440/1740/2000
cmp 1222.80
SYMMETRICAL TRIANGLE FORMATIONFormation of symmetrical traingle pattern in lower timeframes and takig support in longterm dynamic trendline NSE:CDSL
DONT MISS THIS TRADE IN CDSL!Chart pattern: FALLING WEDGE
The current market price(CMP) is below 50SMA which is Bearish.
Make sure you enter above 50SMA for an uptrend move.
The sellers volume is decreasing soon Bulls we can expect bulls to come
Can expect maximum 35%return with a risk of 10%
CDSL is Fundamentally strong company
Dividened date is on 5th September. 9rs per share
PIOTROSKI SCORE :8
Stock P/E 56.0
ROCE 32.4 %
Source screener.in
Disclaimer this is only for educational purpose.
Feel free to ask your doubts
Falling wedge-----------------------------------------------------------------------------------------------------------------------------------------------------------
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.
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.
Long Term - CDSLMedium Term:
Buying Range 1 - Trend line High
Buying Range 2 - Trend line Low
Long Term:
Buying Range 3 - 100 WMA
Ready to surge againVolume drops significantly when there is selling. RSI is ready for a bounce back at 40. 3 days continuous support on the same level. Wait for a green candle and then buy.
CDSL Upside Potential 25%CDSL is in Trend Revesal can go more than 25%
within 1-2 months
TGT 1434/1582
sl 1154
CDSL view wait till price comes to the demand zone after achieving the demand zone check for the pattern and volume and enter a trade. exit at the supply zone.
CDSL Falling Wedge Patterncdsl share continuosly falling down and i consider as falling wedge pattern.
My on holding stock CDSL - analysisJul 15 tried to break the resistance. - success
Jul 20 started to fall down & Jul 30 comes below the resistance.
Aug 3 again tried to break the resistance - failed
So it comes down, maybe it reaches the trend line(week) bottom band and tries to move the upper band + and again try to break the resistance.
once break the day's trendline + RSI clearance plan to by Rs 1200 (maybe - Sep 7).
Plan to book Profit 1 - 1330 - (50% stocks)
plan to book profit 2 - 1425 - (25% stocks)
Stoploss - 967
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Only for personal training & education use
CDSL: The BombCDSL has been on a correction phase and is treating 1246 as a level of support. You can clearly see the ABC correction and the minimal volumes throughout that phase points towards strengthening around the 1200 price range. The formation is like a bull flag and these usually result in sudden bullish moves. Positional trades can be taken in parts starting the first part as CMP and slowly adding on dips for a target of 1500+. Time frame for the target may vary from 3-6 months. Stop loss should be around 1150 just below 50 ema. The best buy is just around 1000 levels. So remember to make entry in parts.
CDSL Descending triangle patternCDSL on watchlist:
- Forming descending triangle pattern
- Contraction in volumes & volatility seen.
- May break of triangle on either side (BO/BD). If breakout, can look for buying opportunity.
- Keep on watchlist.
*only for educational purpose not a recommendation.
