CDSL trade ideas
CDSL Long CandiadateHere we can see breakout at 510 So here it is retesting breakout. It is best setup to play positional with SL of Clbs 499 for the target of 560++.
Breakout was with huge volume also.
CDSLThe stock has a good support cluster at 505-510. The stock has given a consolidation breakout should extend 550-560 zone
CDSL AT RETESTING LEVELAfter a breakout price came to previous resistance which is retesting level and formed a engulf candle . good sign for bullish movement
CDSL - High Probability Flag TradePrice broke the all time high and has given a pullback, the price is currently at a confluence of factors :
1) Price is retesting the previous breakout zone (Resistance acting as support)
2) Price is taking support at the 9 day EMA
3) Currently price is also taking support at 0.5 Fibo Level
This can be a high probability trade above 537, close above which will also confirm flag breakout, first target 566 and flag target is approximately 100 points sl below 505 on daily closing basis.
DISC: VIEWS FOR LEARNING PURPOSE ONLY
Ascending Triangle, Swing Trade, CDSLRecently the ascending triangle pattern formed by CDSL is broken and the support is retested. Being on a bull run and fundamentally good stock , a continuation of the bull run can be expected. Holding time might be more and you can trail SL according to your risk management.
CDSL- bullish breakout with volume --- stock to watchCDSL- bullish breakout with volume after long consolidation --- looks good to enter .. stock to watch for in coming days .
CDSL pole and flag pattern breakout - daily candleA good pole and flag pattern breakout for swing trading.
Entry: 520 - 530 level
Target: 560
SL: 497
CDSL - Bullish range breakout in Flag patternNote: This is for educational purpose only.
There seems to be a bullish range breakout in flag pattern with high volume. RSI above 60 indicates bullish momentum.
CDSL Long setup - Coming out of a baseVery good fundamentals, good set up and risk reward favourable
