CDSL trade ideas
my observations on CDSLCan expect 10 points due to good quarterly results and have to decide at the resistance line.
CENTRAL DEPO SER (I) LTD Analysis 27.07.2020Buy above 327
Target 341
so wait for better conformation.Only above 327 only buying mode started.
cdsl AnalysisIf it break 300
Buy 300
Target 400
If not Break 300 then go for selling side
get the better conformation
CDSL Near Trendline SupportCDSL is currently taking support on upward trendline.
If broken first stop will be target1.
If target 1 is broken next stop will be target2.
weekly/daily TL Breakout with high volumeCDSL broke weekly Trend line around 275 Fibonacci support at 273 looks good buy for tomorrow both intraday and positional
Short Term - CDSL IdeaLooks good above 239-240 with 235 as SL.
Disclaimer - Please do your own analysis before initiating trade
CDSL forming Round bottomStock is round round bottom in daily chart. looks good to buy for long with target of 350 & 380 with stoploss of 248.
CDSLIF IT HOLD THE CURRENT LABEL FOR THE WEEK THAN IT MAY REVERSE. OTHERWISE SHORT TERM TREND CHANGED AGAIN.
CDSL Price moving as per expectation. took entry @235 now @275 in 15 days.
Chart only learning purpose
CDSL -Breakout -> Retest -> Bounce.
Can go long above weeks high. Could continue to give a good move going ahead. #watchlist
CDSL - WeeklyCDSL - Weekly
1. Stock had a breakout from inverted H&S
2. Breakout happens with good volume
3. Stock did a Retest to neckline support and bounced from it.
4. Recent price action looks quite strong.
5. Near term resistance is at 296 levels.
