CDSL

Wait 5 sec.

CDSLCentral Depository Services (India) LimitedNSE:CDSLpradyammmCDSL – Multi-Timeframe Demand Zone Setup Market Structure The higher timeframes remain bullish, with Monthly, Weekly, and Daily demand zones aligned. Multiple overlapping demand areas indicate institutional buying interest. TimeframeDemand ZoneStrength 6-Month994 – 811Very Strong Long-Term Demand Quarterly1033 – 811Strong Institutional Demand Monthly1378 – 1047Primary Demand Zone Weekly (Engulfed)1291 – 1222Fresh Demand (Bullish Engulfment) Weekly Demand1366 – 1295Immediate Institutional Support Weekly Demand1235 – 1152Secondary Demand Daily Demand1318 – 1295Fresh Swing Buy Zone 240-Min Buffer1354 – 1342Intraday Support Gann Level1366Bullish Above This Level Trading Plan Aggressive Buy Entry: Above 1366 (Gann confirmation) Stop Loss: 1342 Target 1: Previous swing high Target 2: Trail the stop as long as higher highs continue. Buy on Dip (Preferred) Zone 1: 1354–1342 Zone 2: 1318–1295 (highest-probability accumulation area) Stop Loss: Daily close below 1295 Risk Management Bullish above: 1366 First warning: Close below 1342 Trend weakens: Close below 1295 Major trend reversal: Break below 1222 Investment View ✅ Higher-timeframe trend: Bullish ✅ Monthly demand intact ✅ Weekly demand aligned with daily demand ✅ Gann level supports the bullish bias ✅ Multiple confluence zones increase the probability of buyers defending declines Conclusion CDSL remains a Buy-on-Dips candidate. As long as price sustains above 1366, the primary trend remains positive. Pullbacks into 1354–1342 or 1318–1295 can be viewed as accumulation opportunities with appropriate stop-loss discipline. A decisive close below 1295 would invalidate the current bullish setup and warrant reassessment.