980 below short view in CDSL980 below short view in CDSL
Charts for Educational purposes only.
Please do follow strict stop loss and risk reward if you follow my level
Thanks,
V Trade Point
CDSL
make or break time for cdsl NSE:CDSL
it is now trading in such a narrow range for some time i think a breakout on either side ie 1150 on the downside and 1250 on the up side will make it clear where the stock is going no need to be a long term investor go with trend only. there is nothing so special about this company that it cannot trade on lower price to earning valuation. if there is no significant increase in net profit in next quater and the stock starts to trade below 1150 ,1160 i do not think one should hold on to this stock for some fantasy long term story i will be buyer only if it trades above 1250/1260 for 1/2weeks or more
CDSL Low Risk High Reward IdeaNSE:CDSL has been retest its major support and continue sustained above 1185. My idea is to take entry at level of 1200 with stop loss of 1155 (-45 Points).
My upside target will be 1240 & 1272.
Note: This is my personal analysis, only for learning. Thanks.
CDSL on demand zone on daily time frame CDSL on demand zone on daily time frame
Taking support from trendlien / triangle of daily time frame support taken
RSI 40 already taken support
CDSLThe stock gave excellent breakout with huge volume, swing traders can take position while sustaining on trendline by end of the day.
I have shared my analysis in my mentor's swing group PRICE ACTION CHART.
One can go long above Trendline with SL of 1295
CDSL Trend AnalysisPrice has formed a Head & Shoulder Pattern with declining volume suggesting price is heading towards the technical target of H & S pattern which is around 650 level.
Fundamentally sound but CMP is more than 10 times its book value, better to buy when PE will be around 20-25 levels
Key support level and golden FIB zone will add more confluence to 650 odd levels.
Better to accumulate around 600-650 levels for the following targets:
Short term swing target @ 970 (51.5% ROI with 3.67 R:R)
Medium term swing target @ 1240 (93.75 ROI with 6.75 R:R)
Long term positional target @ 1555 (143% ROI with 10.17 R:R)
Stop loss around 550.
Do your own due diligence before taking any action.
Peace!!
CDSL LEVELS...12/04/2022 (D CANDLE)CDSL now in golden zone, once its breaks then correction will expect otherwise 1550-1600 possible in short term
CDSL 10% Discount PossibleCDSL 10% Discount Possible from Current Price
One Gap @1360 and best buy price 1285
BO in CDSLCDSL giving BO of Double bottom structure.
After respecting 200 days EMA
Which is a good sign for further performance
CDSL looks ready to FlyThe chart is pretty self-explanatory.
Also, Looking at the bullish reversal of the market and the hype for NSE IPO (the reason why BSE is crossing new highs), CDSL should be the next in line.
Follow for more - CA Imran Wasta | The_Chartereds
Trade at your own risk.
CDSL LOW RISK BUY SETUPPrice of NSE:CDSL is currently at the support of a channel pattern.
Trend of the stock is very bullish. This setup is low risk/high reward(if stock breaks out of the channel pattern)
Analysis is purely price action based.
Follow strict risk management. Happy trading!
Stock Analysis - CDSL - Breakout formedStock Analysis - CDSL:
My Analysis - Daily Timeframe:
1. Increasing support found in the bottom of Ascending triangle - marked in pink color UP arrow
2. Flat Resistance level (Rs.1580) - marked in Orange color down arrow.
3. Rs.1666 - found to be breakout point as it is the 2nd green candle formed
4. Expecting 10% upside rally - Rs.1850
Note:
I'm not recommending buying this stock. This is for education purposes.
This is my view, based on my learning.
Please do not trade without your own conviction.
Please invest after careful research. I'm not responsible for your profits/losses.
- Gnanasekaran
fresh breakout in cdsl20% upside from current level going like a rocket. strpong fundamentals with strong technical structure
KPR and CDSL looks good in UP trendHi Friends,
Any pull back is Entry for both the stocks
KPR Mills
CDSL .
Thanks
Breakout in CDSLNSE:CDSL broke out last week from a triangular consolidation. I caught it late but it still seem to have some juice left. It could touch 1900 based on the height of consolidation pattern.
CDSL1579 gonna be its resistance level and 1497 gonna work as support,have seen increment in volume for 3 consecutive days, if closes above 1580, gonna be a good buy for short term gain.
CDSLCurrent support level1439 was successfully tested for last 1 week, which was the resistance since jul21, if it breaks 1500 level can see quick target of 1535-1579, it is above EMA20, and well supported by trendline from mar21.
CDSL broke out of consolidationNSE:CDSL has broken out of a long consolidation with a gap up last week. If this breakout sustains then it has the potential to take the price to 1950 levels based on the height of consolidation triangle. Volumes have increased but they're not too impressive. Chances are it might retest the upper line it just broke but it momentum continues then it might keep going up from here.
CDSL - LongLong CDSL for a very good healthy uptrend
has potential to go further high, keep a very small SL of 150 points
