After giving a series of price bursts, the counter is consolidating. There is negligible selling pressure in the consolidation range. The price range has contracted over the last month. Stay tuned for the next upmove.
A clear VCP on the daily chart of CDSL. Once it breaks out above 510-514, with no overhead supply, next leg of the bull run begins. If going by simple base count on the weekly chart, the stock will complete its second base, once it breaks out form the current base. The stock isn't overextended at least till the time we reach the 4-5th base.