Next Leg of move just started As per 4hr chart, positive crossover seen in MACD which is strong bounce back area and RSI will follow the move, so the journey for 2300 of CDSL is likely to start shortly.
CDSL trade ideas
CDSLBUY @ 1622 - 1824.40 RS
TARGET @ 2336.60 RS
BUYING CONFIRMATIONS: Rounding bottom breakout in a weekly timeframe
Expected returns are around 30.00 %
CDSLHello and welcome to this analysis
Stock has had a dream run and is approaching a resistance in higher time frame with a wedge formation taking place in lower time frame.
Needs to hold 1860 for further continuation of trend.
Immediate resistance at 2025
All the best with your investing
CDSL Buy for 40% Gain...- CDSL is India’s largest securities depository in terms of number of accounts with the highest - -share of incremental growth of demat accounts.
- The total number of demat account investors in India reached over 12 crores, with more than 9 crores registered with CDSL.
- Highest Ever Quarterly revenue of 207 crore.
- Highest every net profit of 109 crore in sept. quarter.
- Making cup and handle pattern.
- target 1975, 38 % from current price.
Future Initiatives:
The company is assessing the potential for loan against insurance policies and the adoption of e-insurance frameworks
Warning - not a buy or sell recommandation ask your financial adviser before investing.
nxt BSE?--cup an handle breakout
-- consolidated in breakout region
--good Q result
--taken strong support
--Target blue line
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 need
CDSL | Investment Pick📊 DETAILS
Sector: Misc. Commercial Services
Mkt Cap: 13,898 cr
Central Depository Services Limited is a Market Infrastructure Institution (MII), part of the capital market structure, providing services to all market participants - exchanges, clearing corporations, depository participants (DPs), issuers and investors. It is a facilitator for holding of securities in the dematerialised form and an enabler for securities transactions.
TTM PE : 47.64 (Average PE)
Sector PE : 40.80
Beta : 0.79
📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
6.83% away from 52 week high
Underperformer - Central Depository Services Ltd down by -3.65% v/s NIFTY 50 down by -0.9% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis Is For educational purposes only, And I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
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CDSL based on investing themecdsl trade on monthly rsi above 50.
debt free share.
rs also positive.
keep investing.
give time to rise and make money.
if it worth for you than like and press boost button.
CDSL for 50% (approx..) GainCDSL is showing a Trendline breakout on weekly chart. Pure technical call.
CMP : 1280
TG : 1930
SL : Below 21 EMA
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout .
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on 2 hour chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
CDSL 2200++ gonna be a wonderful rideChart shows once all time high is crossed. 2261 as first target. very good results and expecting some blast from this PSE stock.
CDSL Weekly Chart Analysis All time High Breakout in CDSL.
1734.40 price level was the strong resistance earlier.
In this Nov month stock break that level with good volume & Candle. If its is genuine breakout then 1734 level should as support.
Stock should not close under 1550 Level.
if the stock close 1897 level in the weekly chat with good volume then we can expect bullish rally in coming days. All possible target mentioned in the chart.
It is just a view not any recommendation, Do your own analysis before making any investment
NSE:CDSL
All time high - CDSL- Techno-Fundamental analysisCDSL
Trade idea - Swing trade/short term momentum capturing
- Entry - Immediately after market open
- Stoploss - 1860 (3-4%)
- Position sizing - 20% of the capital
- Target - 2270 (20% of the breakout)
Catalyst behind
- Finance sector as a whole have come out with great results.
- Reserve bank of India with their new policy for banks have created a major impact on finance
sector also.
- Quarterly diluted EPS - 35% up from previous years same quarter (we usually take diluted eps
for concentrated analysis and the reason we compare from previous years quarter - because
to hinder one time extraordinary earnings on sale of real estate or machinery)
- Annual diluted EPS - 150% up from past 3 years (2020 2021 2022)
- Return on equity - 27% (considered great as its above average of 17%)
- Total revenue - 35% up from previous years same quarter (record high earnings)
Technical analysis
- RSI weekly - above 60
- Price is above all trend moving averages - 20dma and 50dma
- Bollinger band - Squeeze open (volatility contraction)
Happy trading
CDSL Breaking Out #CDSL Seen Breaking Out from the recent resistance zone.
Closed above it yesterday.
Can give a small profit in few days.
Keep on Radar.
Interesting Triangle Pattern in CDSLKeep on Radar.
Might Breakout from here.
Can add the SMA Support as Stoploss and Target based on risk reward ratio.
CDSL - Bullish WW PatternBullish WW Pattern in CDSL
Time Period - Daily
Invalid below 880
Buy Right , Sit TIGHT
Patience...…..
Buy it before you regret it. the stock haas given breakout with highest volume ever and it can multifold 3 or more times as ANGLEONE and BSE
you can observe in chart levels are 3300 ++++
CDSL - Time to fly?Central Depository Services Ltd is a provider of depository services
TTM EPS: 27.92
TTM PE: 45.93
P/B: 11.79
Mkt Cap (Rs. Cr.): 13,400
Dividend Yield: 1.25
Sector PE: 39.53
Book Value Per Share: 108.74
Some Positives:
Strong Momentum: Price above short, medium and long term moving averages
Company with No Debt
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Brokers upgraded recommendation or target price in the past three months
Negative to Positive growth in Sales and Profit with Strong Price momentum
RSI indicating price strength
High Volume, High Gain
Some Negatives:
Negative profit growth, promoters decreasing shareholding QoQ
Degrowth in Revenue and Profit
NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
BUY CDSL--Break and retest completed
--monoploy stock
--ADX and RSI indicatng uptrend
--weekly chart and daily chart break out
--Target-2000 INR
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
CDSL is coming out of Consolidation CDSL on weekly chart took support in Major fibo levels and likely to move upto 1260
Target 1260
SL: as per your comfort
Now we are going to see it moving higher and higher its gonna go double in upcoming months wait and watch
CDSLA cup patttern breakout is done.
Stock can double from here.
Risk reward for long looks favourable.
Central Depository Services Ltd - Long Setup, Move is ON...#CDSL trading above Resistance of 1476
Next Resistance is at 1734
Support is at 1140
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
