IS CDSL ran up too muchAlready has a huge rally, still look good on dips. Its not a stock, its more ike a theme play
Wait for support on trendline or fib levels(fib level are weak and not tested as of now)
CDSL trade ideas
Central Depository Services (India) LtdThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
Cell bullish rectangle Keep eyes on it once it break up and down a good trend will come soon either bullish or bearish
CDSL Flag and Poll "Breakout"CDSL has given "Flag and Poll" Breakout
The next Psychological & Technical target will be 1100 Level
By past analysis, it looks like CDSL will Consolidate at 1100 level now .
Risk to Reward favorable at least 1:2 can be taken .
Last Closing: 1034.75
Target: 1100
Stop Loss: 1000
Thank You
CDSL 45MINCDSl always tests resistance 2-3 time and then gives a breakout of 10% the retests the new support then give a long move of 20%. Currently it is doing the same already broke the resistance after trying for 5 times and recently making the double top structure and ready to give a upside moment, can buy now target are the green line and short at the red lines. Better for upside.
Time Frame- 15,30,45MIn
Bullish on CDSL(Daily)
- Bullish Engulfing bar with Volume spike
- Bull Flag continuation pattern breakout
- RSI breakout
CDSL | 1hr TF | Forming 3rd Ascending Triangle | BO soonCDSL | 1hr TF | Forming 3rd Ascending Triangle | BO soon
CDSL LTD.This chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
CDSLAbove 5 ema good momentum in stock taking support on trendline where it was taking resistance before. Weekly bullish. Levels provided for support and resistance.
Bullish stock for long term investmentGood in Books. posted good profits and performance of the company is good. Any dips can go for buy.
Do your own research before entering.
CENTRAL DEPOSITORY HEAD AND SHOULDERS LONG OPPORTUNITYCDSL CHART HAS FORMED HEAD AND SHOULDERS FORMATION ON HOURLY CHART. CHART HAS BROKE AND CLOSED ABOVE NECK LINE. CURRENTLY CHART IS TAKING SUPPORT AT NECKLINE WHICH WAS RESISTING BEFORE BREAK.
SO, THERE IS MORE CHANCE THAT WE MAY ACHIEVE TARGET AS PER HEAD AND SHOULDERS FORMATION OF INR 566 TO COMPLETE HEAD AND SHOULDERS FORMATION. SINCE THIS IS BULLISH FORMATION LONG TERM TRADERS CAN REDUCE THEIR STOPS AND LOOK FOR HIGHER TARGETS ONCE THE INR 566 MARK IS REACHED.
CDSL - Bullish CDSL CMP - 498.70
Looking bullish in higher time frame. One can go for Swing / Short Term Trade setup with the following entry, exit & targets
Buy at or above 501 / Stop Loss 494
Target1 - 506
Target2 - 511
Target3 - 516 / 520
Short Term Target - 550 / Stop Loss 470
Disclaimer: This is my view and for educational purpose only.
