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Vb_tr
Dec 2, 2020 12:26 AM

CDSL is forming a Volatility contraction pattern on the daily Long

CENTRAL DEPOSITORYNSE

Description

A clear VCP on the daily chart of CDSL. Once it breaks out above 510-514, with no overhead supply, next leg of the bull run begins. If going by simple base count on the weekly chart, the stock will complete its second base, once it breaks out form the current base. The stock isn't overextended at least till the time we reach the 4-5th base.
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