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CDSL BREAKOUT Successful
CENTRAL DEPO SER (I) LTD
Long
CDSL BREAKOUT Successful
By finnova_
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Sep 8, 2023
1
2
Sep 8, 2023
CDSL has given the breakout you can buy it. it's forming CUP and Handle Pattern.
once can buy it as swing trade
Reason
:
Successful breakout of the zone.
RSI > 50 Bullish Zone Incressing momuntum.
Very nice Volume in the stock for today.
Good consolidition of more than 1 year.
Price > VWAP that shows the bullishness.
Verdict
:
Breakout successful, Strong bullish momentum
Plan of Action
:
You can buy this at current price.
Buy price: 1267.50
Stoploss: 1216
Target : 1426
Chart Patterns
Technical Indicators
Trend Analysis
finnova_
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