CDSL FLAG PATTERNCDSL FLAG is formed , stock is bullish. volume is consolidating. Study purpose. Happy Trading.
CDSL trade ideas
Another Triangle Breakout on the handsSince March 21 CDSL is making higher high's and higher lows,during consolidation triangle pattern is formed and till now it has successfully given breakout on the upside of 4 previous triangles.We are in a fifth triangle.
Average time taken by previous triangles to form: 9.25 days
Average return from triangle breakout:14-15%
Maximum time taken after breakout: 4 days.
Looks like fifth triangle is about to mature.If on monday prices trades above 985,than longs can be initiated with a stop of 950 and tgt of 1085.
PS:look how volumes get's dried up in triangle each time and every price breakout has been supported by volume expansion.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
cdslcdsl will give breakout tomorrow. after seeing past trend it will most probably give long breakout.
CDSLThis stock is consolidating after a beautiful breakout. Buy above 1009 TGT 8 to 10% SL 945. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Possible breakout ion CDSL | Price Action StrategyPossible Breakout in CDSL.
Strong results expected.
Breakout can range from 8 - 10% in short-term.
Stoploss @ previous candles low
Note : For Educational purpose only.
CDSL Cmp 893 dated 27.5.2021 CDSL Cmp 893 dated 27.5.2021
1. Channel breakout above 905.
2. Small Triangle break out above
Buy above 905 for a tgt of 960 -1025 SL 840
It is just a view, pls trade at your own risk.
CDSL LONGIn CDSL we see the higher high and lower lows broadening formation that give a good indication of a good upside in the near term and Long term .
What a move cdsl clearly following the expectations acc to chartWhat a move cdsl clearly following the expectations acc to chart
CDSL BREAKOUTBroke out from narrow range.
Relative Strength Continuously making new 52 week highs.
Buy range : CMP ( max within 5% from breakout level)
SL : max 8%
Target : 20-25%
CDSL LONG CDSL gave a good breakout after consolidation, now its, coming back for a retracement one can keep a watch on it and accumulate at retracement levels.
CDSL at BO Zone. Buy above 840 SL 770 TGT1 950 TGT2 1050Keep eye on CDSL. It's at Breakout Zone with volume support.
Safe Swing trader Buy above 840 SL 770 TGT1-950 TGT2-1050+
Breakout with good volume and trendyThis stock is bullish for last few weeks. It also has a good fundamental potential as it is a smallcap and is a depository.
The more people will come in market it will benefit this stock and also the financial litracy is increasing in India.
It is a good pick for investing and short term too.
We have just got an good opportunity to enter.
Those who are willing to enter in this stock it is the right time as we got a breakout.
But don't forget that nifty PE is around 30.
Its all upon you.
This post is just for information purpose only.
CDSLNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
CDSL LOOKING STRONG ON CHARTSCDSL looking very strong on charts
Sustaining above 835 can take this stock towards 860-870 levels
Keep an eye on it
DISCLAIMER
( Educational Purpose )
All investments involve risk.
Please Do your analysis before initiating Any trade
Good luck !
