Buy CDSL Target 🎯 1700 because it has recently given major breakout
NSE: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.
Cup with Multiple handle Breakout Along with highest ever net profits.
NSE: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...
Long CDSL for a very good healthy uptrend has potential to go further high, keep a very small SL of 150 points
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.
After a huge rally the stock has corrected around 35% and made a falling wedge pattern . A swing trade can be initiated once the price gives a closing above the trendline , can keep a SL slightly below the support trendline . The Risk Reward ratio of 1:5 is very favorable and also the stock is fundamentally strong for long term as well . . I'm a beginner . I'm...
The price came down with no bear volumes. Expect massive gains soon
Already 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 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....
(Daily) - Bullish Engulfing bar with Volume spike - Bull Flag continuation pattern breakout - RSI breakout
This chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
All levels are mentioned on chart. Happy Trading.!
CDSL is at strong support... rallied after touching 450... I was waiting to enter and suddenly in 30 mins it went to 482... Someone invests at the end of session then tomorrow it might open gap up... lets see tomorrow if it gives any chance to us... SL is 460 enter tomorrow in the beginning of the session... seems like it is ready to give breakout in 2 or 3 days