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 trade ideas
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.
CDSL broke out of consolidationNSE: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 going up from here.
Volatility Contraction Pattern in CDSLVolatility Contraction pattern or VCP
VCP - Volatility Contraction Pattern is not a separate pattern from a cup with handle, power play, inverse H&S, double bottom, cup completion cheat (3-C), etc... it's a characteristic of the patterns. Yes, it does map out a "pattern", but it can occur within any of the above. - Mark Minervini
CDSL - LongLong CDSL for a very good healthy uptrend
has potential to go further high, keep a very small SL of 150 points
CDSL: getting back in form?Inverse H&S pattern on Daily TF, resistance of 1436-1440 is right above it, need to sustain above this, if does the next target will be all time or even more ;)
CDSLStrong upmove above 1440 if moves down add from 1350 -1300 level upside targets on chart mentioned
CdslPicture perfect triangle pattern in making, wait for the right time to enter. Can go long and short as per the breakout or breakdown
CDSL #tradethepattern
Stock is in bearish mode in higher TF
So get out once you achieve the pattern target, if price breaks out
Bullish NSE:CDSLBuy = 1360.3
SL = 1276.55
Target 1 = 1527.8
Target 2 = 1611.55
13/09/2021
Bullish NSE:CDSL-->Central Depository Services (India) Ltd
Buy for short term
