CDSL Faces Critical Level: What's Next – Break or Fail...?

5 Şub

CDSL is currently working to surpass the resistance level set at 1,352 rupees. Additionally, there is a downward trendline that the stock needs to clear to facilitate a potential upward movement. If CDSL is unable to break through this resistance, it may experience a further decline toward the 1,100 rupee mark. Conversely, for a substantial upward movement to take place, the stock must not only break the trendline but also maintain its position above it.

5 Şub

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With the RBI policy announcement on February 7th, expect market volatility and ensure your stop losses are tight.