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Technicals for Central Depository Services (India) Limited
By MusingTheNews
2025-07-16 20:28
Overall Technical outlook
Price Summary
On 2025-07-15, Central Depository Services (India) Limited's stock began at 1685.0, peaked at 1706.0, bottomed at 1666.6, and closed 0.97% up at 1701.4, with a volume of 2506481 shares. For the 52-week period, the stock's highest price is 1964.05, and the lowest price is 1058.2. Analysts predict that the future price will fluctuate between 1050.0 and 1414.0, with the mean expected price being approximately 1264.6.
Technicals
Aroon: Aroon's bearish trend remains intact, with Aroon Down consistently at the 100 level. This ongoing downward momentum requires additional analysis using other indicators to assess its potential future effects. Aroon chart for Central Depository Services (India) Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Central Depository Services (India) Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for CDSL. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for Central Depository Services (India) Limited
Stochastic: The Stochastic K-line, now below the D-line and under 20, signals a mildly bearish market outlook. This configuration suggests possible weakness for Central Depository Services (India) Limited, though the bearish sentiment is not overly pronounced. Investors should take note of this and monitor the trend closely. Stochastic chart for Central Depository Services (India) Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum is weakening. This could be an early sign that the market is preparing for a bullish reversal, as the current downward trend begins to lose steam. Investors may soon see a shift towards more positive price action as the trend starts to change. Tripple SMA chart for Central Depository Services (India) Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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