CDSL Making Ascending Triangle Pattern In 1 Hour Time Frame

CENTRAL DEPOSITORY (NSE:CDSL)

Updated

NSE:CDSL CENTRAL DEPOSITORY

trendanalysis chartpattern triangle cdsl cdslpricetrendanalysis cdslanalysis cdsllong

This is a make or break pattern for CDSL for trading in coming days after series of upper circuits in past few days, if it breakouts we can expect levels of 1470 and beyond and if it breaks down the support is at 1344 levels.

Trade active:

Also if you look closely their is a volume contraction, so expect a sudden volume spike soon :) Happy Trading

Trade closed: target reached:

Price jumped and nearing 1400 levels, charts <3, i love them

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.