Verdict:
Breakout successful, Strong bullish momentum

Plan of Action:
You can buy this at current price.
Buy price: 1267.50
Stoploss: 1216
Target : 1426

CDSL has given the breakout you can buy it. it’s forming CUP and Handle Pattern.
once can buy it as swing trade

Reason:

  1. Successful breakout of the zone.
  2. RSI > 50 Bullish Zone Incressing momuntum.
  3. Very nice Volume in the stock for today.
  4. Good consolidition of more than 1 year.
  5. 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

*****Disclaimer:*****

The information provided in this blog post is for informational purposes only. It is not intended as financial, investment, or trading advice. The author is not a licensed financial advisor or professional.

Trading and investing in financial markets carry inherent risks, and past performance is not indicative of future results. Readers should conduct their research, consider their risk tolerance, and consult with a qualified financial advisor before making any trading or investment decisions.

The author is not responsible for any financial losses or gains that may result from actions taken based on the information presented in this blog post. All trading and investment decisions are made at the reader’s own discretion and risk.

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