CDSL - Compression Near Resistance After ShakeoutCentral Depository Services (India) LimitedNSE:CDSLTrendxincCentral Depository Services Ltd – Compression Near Resistance After Shakeout CDSL 📈 Pattern & Setup: CDSL is showing a **beautiful post-shakeout structure** and currently building tight near its descending trendline resistance. After a deep shakeout in September, the stock quickly recovered, reclaiming lost ground and maintaining higher lows — a clear sign of demand returning. The price is now **compressing between two converging trendlines**, forming a tight range just below breakout level around 1650. Volumes are drying up as it nears resistance, which is typical before a breakout expansion. If the stock sustains above 1660–1680 with strong volume, it can ignite a fast move toward 2250+, supported by the pattern projection of around 33%. 📝 Trade Plan: ✍Entry: Above 1680 (breakout confirmation) 🚩Stop-Loss: 1550 (below recent higher low) 🎯Targets: Target 1 → 1950 Target 2 → 2250 💡 Pyramiding Strategy: 1. Enter 60% position on breakout above 1680 2. Add 40% above 1750 after volume expansion 3. Trail stop-loss to 1600 once price sustains above 1850 🧠 Logic Behind the Setup: This setup represents a **3T VCP (volatility contraction pattern)** emerging after a liquidity sweep. The shakeout cleared weak hands, and the tight price action near resistance indicates controlled absorption. Once it breaks, the structure could turn into a **multi-week trend continuation**, given the higher timeframe alignment and volume behavior. Keep Learning. Keep Earning. Let’s grow together 📚🎯 🔴Disclaimer: This analysis is for educational purposes only. Not a buy/sell recommendation. Please do your own research or consult your financial advisor before trading.