CDSL trade ideas
CDSLAs per my analysis, cdsl in strong uptrend
currently we are in 5th wave of 3rd when this wave gets completed, we will see a good retracement up to 2431 area which is the best area to buy again cdsl, then it will complete its 5th wave.
I have mark all the points
#CDSL...Stock is in accumulation zone...
Buy when a 45 Minute timeframe gives you closing above 1440...
Happy Investing...
#CDSL...Stock is in accumulation zone...
Buy when a 45 Minute timeframe gives you closing above 1440...
Happy Investing...
CDSL DailyThis stock has been giving consistent returns since last couple of years.
1st upward move was about 30%
2nd upward move was about 28%
Expecting a 3rd upward move for more 30% i.e., 2800 rupees.
Let's see if my analysis goes correct for the 3rd time with this stock
There is a really good momentum in this stock.
CDSL, CAMS price is directly proportional to NIFTY
Write the above statement in every note book, JK
CDSL CONSILIDATIONPrice Consolidating over Consolidation It means Some Kind Of Observation happening here .If Price Gives Breakout From here It Might move higher
CDSL IS GETTING READY FOR ANOTHER RALLYCDSL has given a strong breakout of it's ATH on monthly basis with a strong bullish candle having great volumes. The ATH level has been retested and now it is getting for another rally.
CDSL looks bullish in both the short and long termCDSL previously showed a very good bullish movement and then went through some correction where it formed a head and shoulders pattern. While forming the right shoulder, it went up aggressively, creating a demand zone where the right shoulder should have formed, as shown by the dotted line on the graph. Now the right shoulder has formed upside, and the top of the right shoulder has also been broken, with the price retesting it. On the last trading day, CDSL was down significantly but ended the day positive, showing a sign of rejection. It now looks like a good investment opportunity.
CDSL -Bull run 2.0 loading?CDSL has been in an amazing bull run since last 2 years because of the growing investment in Indian stock market.
Stock has formed a beautiful inverted head and shoulders pattern near ATH.
A breakout of the pattern will bring more bullishness in the stock.
I would rather prefer adding on dips than having a close SL in such stocks.
Bullish Continuation | Breakout | Volume Support CDSL was continuing in a range from last one year. Recently it has shown breakout above blue line with a big green daily candle and high volumes.
It is now back to the retesting levels 2280 and expected to act as a support here and continue bullish move. It is “Buy” side if it makes good green candles from now.
If CMP breaks this support level downside (blue line) it will confirm the double top (M) pattern and we can see downfall which can go till 2050 around red support line.
Wait and watch.
Track and take the action accordingly.
CDSL--consolidation breakout
--excellent result
--expected 2400 in near term
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if needed
CDLS SupportVolume seems decreasing after a heavy up volume. Current price is at the short term support level. If this level broken then price may go down further.
As volume is going down, there are chances then bulls must concur this stock soon.
Happy trading. ;)
CDSL LOOKS GOOD FOR A SWINGThe stock has broken out from quite long consolidation post that it has consolidated between the range of 1900 - 1600 the stock has taken a support at 1667 levels moreover it has shown strong signs of reversal a rally till 1967 can be anticpated
CDSL Long OpportunityWe can go long from Institutional Buying Zone. It is very powerful zone.
Trade at your own risk.
We are not SEBI Registered.
CDSL If Weekly 🕯 closing sustains above 2597 on 2nd Sep 2024 then it could trigger a upward momentum to 4150 within 18th Nov -- 2nd Dec 2024
Disclaimer:
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
CDSL Elliot waveElliot wave and important Fibonacci retracement level
This analysis is my own idea.
I don't recommend taking trade based on this idea.
Know the market risk before trade.
CDSL ready for breakout Take entry at cmp 1280
Target 1522 and 1950
This counter already break downtrend line so now it is ready for major up move.
Be invested and hold it.
2000 to 4000 sooon Investment Pick
CDSL
Fundamentally a GEM
➡️ Biggest Depositary of India
➡️ Growing Business
➡️ Bet of India Growth Story
Technically it has just started its 3rd Wave and it will continue till Rs 4150 apx
Safe Investment with Target to DOUBLE in 3 Years
Slow and Steady wins the Race.🐢🐢
Mount 📈 weekly closing above that red line could possibly trigger 📈 to 2556 within 8th April 2024.
Disclaimer:
It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
CDSLPast one year is forming a parallel channel
once daily closing above mean area then we may expect touching upper channel
Ascending triangle pattern breakoutGood volume buildup in daily and weekly time frame.
Ascending triangle pattern breakout with considerably good volume.
Wait for retest for conformation.
NOTE: I do my analysis, do yours before trade.
CDSL BreakoutMonopoly company
A business to last forever, never Die
CMP 2387
Weekly Breakout observed at 2317
Volume profile is super at Daily and Hourly timeframe
25% upside possible till Deepawali 2024
accumulation level close to 2300
Note: Not a Buy / Sell recommendation
