BSE IS IN A RANGE NEAR ITS RESISTANCE LEVEL. THE RESISTANCE LEVEL HAS BEEN TESTED MUSTIPLE TIMES. AS BSE IS ABOUT TO DECLARE RESULTS ON 3RD AUGUST, 2020. LOOKING AT LAST QUARTER FINANCIALS AND CURRENT FINANCIALS OF CDSL, THE RESULTS ARE EXPECTED TO BE EXCELLENT, QOQ AND YOY BASIS. THUS THERE IS A HIGH PROBABILITY THAT THE RESISTANCE LEVEL WILL BE BREACHED. SINCE IT IS A RESULT TRADE, SQUARE OFF THE POSITION WITHIN THE DAY AS THE STOCK MAY RETRACE BACK FOR A FEW DAYS AFTER RESULTS DEFORE CONTINUITY ITS UPWARD JOURNEY.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.