CDSL Long Target 1980
After the block deal is completed, CDSL is moving up firmly and decisively.
A break above the red sloping TL will lead to a target of 1980 as there is a 3 drive (3 green dots highlighted in the chart) and a break above inner TL (red sloping TL) will lead to a target in 2 months timeframe
The technical highlights for Central Depository Services (India) Ltd. (CDSL) suggest a generally bullish sentiment with some caution. Here's a summary of the key signals:
Price Volume: Mild Bullish - The recent sessions show rising prices, but the caution is warranted as the volume is not supporting the price increase.
High-Low: Bullish - The stock has made a new...
NSE:CDSL has break major resistance of 935, my idea is to take entry when price come at 944. Stop loss will be 895 (-49 Points Risk). My expected upside target would be 975 and 1005. It may take 5-6 days to get the targets.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
NSE:CDSL has been retest its major support and continue sustained above 1185. My idea is to take entry at level of 1200 with stop loss of 1155 (-45 Points).
My upside target will be 1240 & 1272.
Note: This is my personal analysis, only for learning. Thanks.
