CDSL trade ideas
CDSL - WILL HISTORY REPEAT ?? BULLISHI bought CDSL first at 440.
I added the stock at 585 and 780 again !
The stock had been bullish since CORONA fall and had been maintaining the trendline support and resistance since i bought it..
The stock first broke the trendline at 685 levels !! and then gave move upto 950 maintaining the new trendline as shown in charts !!
The stock had again broken the second trendline !!! on Friday at 950+ levels..
Can history repeat and we will get 40-50% move even from here ??
will buy the DIP since RSI is overheated for now .. SL will be 950 now and will try to add as close possible to 950 with 10-20 rs stop loss and hold it for 3-6 months ..
Lets see !!
CDSL: A series of Pole and Flag patternThe chart is making a series of pole and flag which is breaking out all the time on upper side with volumes and reaching to the target price of the length of the pole.
If history repeats itself then we can see the same happening again this time.
A good fundamental and Monopoly stock
Keep and eye on the movement of this stock.
CDSL | BREAKOUT | SWING TRADINGCDSL gave a breakout on 02' Jul, 2021 and today showed a small retracement. Should retrace till 1026-1024 and then continue the uptrend...start accumulating somewhere around 1026-1024..if it shows a bullish momentum tomorrow accumulate at CMP
CDSL LOOKING BEARISH .LOOK AT RSI . MAY BE CDSL GO DOWNSIDE FRO CHECK SUPPORT LINE. ONLY SELL BELOW 1029. AND ALL WAYS TRAIL YOUR STOPLOSS . BOOK YOUR PROFIT AS YOUR COMFORT.
Breakout in CDSLStocks hit LTH. Looks exceptionally Strong.
SL should be at 952 on a closing basis.
Good luck.
CDSL - Flag breakoutCDSL breakout of Pole flag pattern. Looks very strong for swing traders. ATH now.
Potential breakout in CDSL in 5 trading daysStrong fundamental and technicals support a potential breakout in the stock. Also supportive are good delivery volumes for the last month and week at 50%.
Long - Short term target 1025As per the chart..seems to breakout on 15 minutes time frame. Will continue till next resistance at 1025.
CDSL Bullish Inside BarAfter a mighty run up CDSL has formed a manipulative candle (marked as shakeout in chart) followed by an inside bar.
Conviction is that it will run up further after brief accumulation.
CDSL TF 1DI am a authorized analyst so this is not a recommendation to anyone,just my analysis.
It can be seen from the chart that the trend-line by Fibonacci retrenchment is respected beautifully by the prices. After breaking every level it tests the prices and moves up. It has taken support twice in last two trading sessions, which could be a indication of uptick in the price targets of 1030/50 can be seen in next few sessions if it doesn't break the trend line support.
Wait for the Fresh BuyingLong time consolidation.
Fresh buy can be initiated once it breaks the resistance.
Wait for the perfect trade.
CDSL: Smallcap Portfolio PickCDSL is a depository participant that is continuously acquiring market share on YOY basis. Its financials are better than industry average and are on a positive trend.
With increase in the awareness towards financial markets, increase in spending, increase in inflation, increasing number of demat accounts help in the business growth of CDSL.
It gives a good dividend payout too.One can accumulate on every fall.
#TradeTheTrend#SmallCap#PortfolioPick#FundamentalPick
WARNING! Shooting StarLikely reversal in trend is coming. Square off your long positions for now and wait for it to test 898.
