BO in CDSLCDSL giving BO of Double bottom structure.
After respecting 200 days EMA
Which is a good sign for further performance
CDSL trade ideas
CDSL - Important
Any breach of this parallel channel will lead to fall up till 1140 - 1200 levels.
The green zone drawn below (1140 - 1200), is an addition zone for the stock.
Totally unexpected!
The results were very good and with the coming up of LIC IPO, CDSL should out perform, but inverse is happening.
LESSON LEARNED - What seems obvious, is clearly not going to happen!!
CDSL ANALYSISFlag and Pennant Pattern on a downtrend seems bullish but we will wait for a confirmation
Entry stop above 1507
Upside Targets: 1573-1580, 1627-1630
Entry stop below 1486
Downside Target: 1415-1420
CDSL trying for big breakout CDSL is at a critical resistance level and has been trying to breakout these 3-4 times in last few months. It's in ascending triangle pattern, which is considered bullish. If the daily candle is fully above the resistance level for 2 consecutive days, it will go big, else come back in triangle for further consolidation.
CDSL looks ready to FlyThe chart is pretty self-explanatory.
Also, Looking at the bullish reversal of the market and the hype for NSE IPO (the reason why BSE is crossing new highs), CDSL should be the next in line.
Follow for more - CA Imran Wasta | The_Chartereds
Trade at your own risk.
CDSL LOW RISK BUY SETUPPrice of NSE: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!
Stock Analysis - CDSL - Breakout formedStock Analysis - CDSL:
My Analysis - Daily Timeframe:
1. Increasing support found in the bottom of Ascending triangle - marked in pink color UP arrow
2. Flat Resistance level (Rs.1580) - marked in Orange color down arrow.
3. Rs.1666 - found to be breakout point as it is the 2nd green candle formed
4. Expecting 10% upside rally - Rs.1850
Note:
I'm not recommending buying this stock. This is for education purposes.
This is my view, based on my learning.
Please do not trade without your own conviction.
Please invest after careful research. I'm not responsible for your profits/losses.
- Gnanasekaran
fresh breakout in cdsl20% upside from current level going like a rocket. strpong fundamentals with strong technical structure
DARVAX BOX Clear Darvax box breakout on #CDSL after long Consolidation finally up move Resume,, Plan your Trade #happy trading.
KPR and CDSL looks good in UP trendHi Friends,
Any pull back is Entry for both the stocks
KPR Mills
CDSL .
Thanks
CDSL NSE BULLISHVIEW ABOVE 1575CDSL NSE is Bullish if 1575 holds. New Lifetime High. Fresh Breakout. Positive Trend.
**** Educational purpose only.
CDSL - Setting up nicely CDSL - setting up nicely.
There was a recent shakedown to remove the weak retailers, but immediately after that, bulls took charge.
IMHO, it should take out the 1600 levels easily.
expected targets - 1745 & above.
Cdsl longInverted head and shoulder pattern in 4hr 1600 levels soon and above if sustains then 1700 level
Breakout in CDSLNSE: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.
CDSL Broke long time resistenceCDSL has broken its long time resistence and is consolidating near it..... Getting ready to fly catch it before it flies
Buy @ 1440-1450
Stoploss - 1400\
Targets - 1500,1550,1600,1650
CDSL1579 gonna be its resistance level and 1497 gonna work as support,have seen increment in volume for 3 consecutive days, if closes above 1580, gonna be a good buy for short term gain.
CDSL_Classic_VCPBOCDSL_Classic_VCPBO
Vol contraction since 4-5 months going on.. with supply almost gone now...
CDSLCurrent support level1439 was successfully tested for last 1 week, which was the resistance since jul21, if it breaks 1500 level can see quick target of 1535-1579, it is above EMA20, and well supported by trendline from mar21.
CDSL (LONG)CDSL is a monopoly stock like IRCTC.
there is no competition in the market.
the stock has made three rounding bottoms.
it has taken clear cut support between 1250 -1300.
Breakout given above resistance level of 1443.
if it retest this level ...it will act as support .... its a buy for CDSL.
you can start accumulating CDSL at CMP.
BUY CDSL @ 1450 - 1400 - 1350 -1300.
SL 1250 (or just below support of 1250).
TGT 1550 (short term).
TGT 2500 - 3500 (Positional).
Dont miss this stock.
Must Correlate on charts before taking an entry. This Scanner is for Educational purposes only. Please consult your Financial advisor before investing.
