CDSL LOW RISK BUY SETUP

Updated
Price of CDSL is currently at the support of a channel pattern.
Trend of the stock is very bullish. This setup is low risk/high reward(if stock breaks out of the channel pattern)

Analysis is purely price action based.

Follow strict risk management. Happy trading!
Note
UPDATE: Looks safe to enter if price breaks day's high and sustains. Place stop loss below the pattern.
Trade active
Price took support and should make a move to top of the channel.
buyCDSLChart PatternslowriskNIFTYParallel ChannelsupportSupport and Resistance

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