CDSL ready for Run-up!

2 Sep 2021

Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.

The bull run is not fading away with that new accounts are increasing in market so CDSL and NSDL are getting benefitted.



Fundamental-

• Company is almost debt free.
  
• Company is expected to give good quarter
  
• Company has delivered good profit growth of 24.10% CAGR over last 5 years
  
• Company has been maintaining a healthy dividend payout of 42.69%
  
• Debtor days have improved from 34.34 to 25.21 days.
  

Technical-

• Long term Uptrend intact.
  
• Time and price correction after massive runup.
  
• Volume dried out.
  
• Fresh volume and flag breakout.
  
• Flag breakout rested.
  

Good pick for short and long term investment.
Buy 50-80% on CMP rest on dips.

Target for short term - 1320 | 1410 | 1500
Target for Long term - 1570 | 2160 | 3100