⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
FOR EDUCATION PURPOSE ONLY!!!Its just a chart pattern that i am showing to you and lets check where it goes and how it works for future reference
✅Latest CDSL News (November 2024):
▶️issuing bonus shares in a board meeting on July 2, 2024.
▶️Up 79.55% YoY, currently trading near ₹1,617.
▶️Managing over 10.4 crore demat accounts, boosted by retail investor growth.
✅Technical Analysis
📍Strong bullish momentum; trading near 52-week high
📍Support ₹1,550
📍Resistance ₹1,680.
📍RSI Overbought zone, signaling strength.
📍MACD Bullish crossover, indicating upward momentum.
📍Volume High trading volumes confirm price movements.
🎯Positive trend backed by financial strength but watch for market volatility.
💡✍️Applied Tools:-
✅Strong Chart Pattern
✅Channel Pattern
✅Strong Demand Zone
✅100 Day EMA
✅Fundamental Analysis
👉CDSL is one of two Indian depositories, earning from demat accounts, transactions, IPOs, and annual issuer charges.
👉High Net Profit Margins and Return on Equity.
👉Robust financial health.
👉Compare P/E and P/B ratios with peers; consistent dividend payer.
👉Market dependency, competition (NSDL), and regulatory changes.
👉Long-term growth supported by India’s growing financial market and digital adoption.
💡Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
🙏 FOLLOW for more content!
👍 LIKE if you found it useful!
✍️ COMMENT below with your thoughts and feedback!
FOR EDUCATION PURPOSE ONLY!!!Its just a chart pattern that i am showing to you and lets check where it goes and how it works for future reference
✅Latest CDSL News (November 2024):
▶️issuing bonus shares in a board meeting on July 2, 2024.
▶️Up 79.55% YoY, currently trading near ₹1,617.
▶️Managing over 10.4 crore demat accounts, boosted by retail investor growth.
✅Technical Analysis
📍Strong bullish momentum; trading near 52-week high
📍Support ₹1,550
📍Resistance ₹1,680.
📍RSI Overbought zone, signaling strength.
📍MACD Bullish crossover, indicating upward momentum.
📍Volume High trading volumes confirm price movements.
🎯Positive trend backed by financial strength but watch for market volatility.
💡✍️Applied Tools:-
✅Strong Chart Pattern
✅Channel Pattern
✅Strong Demand Zone
✅100 Day EMA
✅Fundamental Analysis
👉CDSL is one of two Indian depositories, earning from demat accounts, transactions, IPOs, and annual issuer charges.
👉High Net Profit Margins and Return on Equity.
👉Robust financial health.
👉Compare P/E and P/B ratios with peers; consistent dividend payer.
👉Market dependency, competition (NSDL), and regulatory changes.
👉Long-term growth supported by India’s growing financial market and digital adoption.
💡Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
🙏 FOLLOW for more content!
👍 LIKE if you found it useful!
✍️ COMMENT below with your thoughts and feedback!
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Đóng lệnh: đạt mục tiêu
9% up so far, quite the move...
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.