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Is CSD forming falling wedge chart pattern ?

+2
Antonym
nkuda
6 posters

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nkuda


Manager - Equity Analytics
Manager - Equity Analytics

Is CSD forming falling wedge chart pattern ? +zbUVwJovOVwAAAABJRU5ErkJggg==

Read about falling wedge chart pattern :

http://www.investopedia.com/university/charts/charts7.asp#axzz1Z4rpGNMO

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics

Excellent observation, nkuda!

Market.Player

Market.Player
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I think below Rs.14.00 is very good price to collect.

nkuda


Manager - Equity Analytics
Manager - Equity Analytics

If CSD can break above resistant line with big volume, that may be a bullish signal from CSD.

RIO

RIO
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Good observation & timely posted taking the risk of receiving stones if the technical s do not work...(some are posting these type of things only after a such technical s start to move & prove, then its gone & more members jump at middle or peak & burn their fingers)

Hope CSD will break the resistance sooner than later...

Also Cap Trust top guy has something to do with real Estate & property sector as per his video posted here by Quibit...

Also on top 20 of CSD the Cap trust Holding is there at 9th position

Even without any push , This CSD NAVPS is worth triple the present value...

Holding power will decide the of ROI... Very Happy

Sally


Stock Trader

Looks like CSD will take a leap today. Trend analysis shows some steady movement. Good price to buy now (below 14).

Universalgoal


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

and your chart there is a hammer signal this also a kind of bullish signal

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