CDSL: Ascending Triangle Pattern - Potential Breakout?
CDSL has formed an Ascending Triangle Pattern, with five support touches at the bottom and three resistance touches at the top, suggesting a high likelihood of an upward breakout.
Given the somewhat bearish close on the previous day, it’s advisable to confirm the breakout before entering a position.
Given the somewhat bearish close on the previous day, it’s advisable to confirm the breakout before entering a position.
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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.