CENTRAL DEPO SER (I) LTD – Supply Zone Test

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Price has entered a major supply zone (₹1,390–₹1,440). Strong BOS (Break of Structure) confirms bullish momentum. RSI supports strength; breakout looks likely on volume surge.📌 Trade Plan (Swing/Positional):

Buy above: ₹1,445 (on breakout + closing basis)

Stoploss: ₹1,365

Target 1: ₹1,580

Target 2: ₹1,720

Sell Below (Rejection): ₹1,360 (if price gets rejected at supply)

🔍 Technical Highlights:

BOS and CHoCH indicate structure shift from bearish to bullish

Currently testing supply zone after BOS

Volume increasing with bullish candles

RSI approaching overbought — breakout likely, but confirmation needed


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