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CDSL – Triangle or Flat? An Elliott Wave Case Study

Disclaimer: This material is strictly educational in nature. The last price shown on the charts is from 19 March 2026, which is more than three months old, in accordance with applicable SEBI regulations relating to discussion of individual Indian securities. We do not provide investment advice, recommendations, or stock tips. Kindly consult your financial advisor before making any investment decisions.

CDSL presents an interesting Elliott Wave case study in determining whether a correction is unfolding as a triangle or whether a flat / expanded flat structure may ultimately emerge.

Let's examine the evidence.


2-Week Chart: Establishing the Larger Degree Structure

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All applicable SEBI regulations relating to educational content on Indian securities have been strictly followed. We do not provide tips, investment advice, or stock recommendations. Content is for educational purposes only.