CDSL looks bullish in both the short and long term

24 juil.

CDSL previously showed a very good bullish movement and then went through some correction where it formed a head and shoulders pattern. While forming the right shoulder, it went up aggressively, creating a demand zone where the right shoulder should have formed, as shown by the dotted line on the graph. Now the right shoulder has formed upside, and the top of the right shoulder has also been broken, with the price retesting it. On the last trading day, CDSL was down significantly but ended the day positive, showing a sign of rejection. It now looks like a good investment opportunity.