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Technicals for Central Depository Services (India) Limited
By MusingTheNews
2025-09-05 20:25
Overall Technical outlook
Price Summary
2025-09-05, saw CDSL's stock open at 1508.5, hit a peak of 1541.0, fall to a low of 1506.5, and close higher 0.99% at 1523.4, with 1678712 shares changing hands. Over the course of 52 weeks, the stock peaked at 1964.05 and hit a low of 1058.2. 10 analysts suggest that CDSL's future price will lie between 1000.0 and 1780.0, with an average expected price of roughly 1417.7.
Technicals
Support and Resistance: The current price for CDSL is 1523.4, supported at 1478.8 with resistance at 1567.1. This indicates a trading range where 1478.8 might prevent further declines, while 1567.1 could hinder additional gains. Support/Resistance for CDSL
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for Central Depository Services (India) Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Central Depository Services (India) Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Central Depository Services (India) Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for Central Depository Services (India) Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for Central Depository Services (India) Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Central Depository Services (India) Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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