Breakout Stock: CDSL

CDSL has been trading with in the range between 1390 and 1572 since Aug 2024.
It has been in downtrend for a couple of weeks and started falling from 1572 levels to 1390.
Today it took a strong support with good volume and gave a strong breakout.
Based on the potential for an upside, brokerage houses have given recommended the target of Rs 1,720
Chart Patterns

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