CDSL is trading just below 200 Day Moving Average(DMA) 1426.
It is trading above 100, 50, & 20 DMAs.
Considering the overall upward momentum in the market to continue, we may expect CDSL to take out 200DMA and move above.
The immediate short-term (up to 3months) we may expect CDSL to move towards1426/1475/1518).
In medium-term (upto 6 months)1629 is a possibility.
In Long-Term (6months+ ), one can expect stock to take out the previous life time high of 1989 and move higher.
It is trading above 100, 50, & 20 DMAs.
Considering the overall upward momentum in the market to continue, we may expect CDSL to take out 200DMA and move above.
The immediate short-term (up to 3months) we may expect CDSL to move towards1426/1475/1518).
In medium-term (upto 6 months)1629 is a possibility.
In Long-Term (6months+ ), one can expect stock to take out the previous life time high of 1989 and move higher.
Note
1426 Done.
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Disclaimer
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.