CDSL : Expecting a sell off

Since the market is in a overvaluation and has given a good enough rally, there is a high probability for a reversal and a range formation in the near future. This may be due to profit booking or any other unforeseen event.

But CDSL is kind of correlated with the overall market movement since there business model depends on it.

So I'll look for an entry when price reaches the low of the channel, depending on the fundamentals and macro economic situation at that time and also the fundamental and technical situation of the company.