Overall Technical outlook

Price Summary

With a -2.85% drop, Central Depository Services (India) Limited enjoyed a awful day in the stock market.
Central Depository Services (India) Limited's stock opened at 1370.0 on 2025-04-25, surged to 1378.9, hit a low of 1291.4, and closed up -2.85% at 1330.9, with 9990546 shares traded.
The stock's highest value over the last 52 weeks is 1964.05, and the lowest value is 983.95.
Based on recommendations from 10 analysts, the future price of CDSL is expected to range from 1050.0 to 1450.0, with an average price expectation around 1282.1.

Technicals

Support and Resistance: The price for CDSL at 1330.9 is supported by the 1328.05 level and faces resistance at 1435.25. This range indicates key levels where the price may find buyers near 1328.05 and sellers near 1435.25, defining a trading range.
CDSL supportResistance eb0417
Support/Resistance for CDSL


Aroon: Aroon's bullish trend is ongoing, with Aroon Up consistently at the 100 level. While this suggests strong upward momentum for CDSL, it's important to analyze this trend further with other indicators to gain a comprehensive understanding of the direction.
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Aroon chart for Central Depository Services (India) Limited


Bol. Bands: The recent price action for CDSL shows a dip below the upper Bollinger Band, hinting at a possible downward movement. This signal might indicate that the asset is overbought and could be heading for a decline. Traders often view this as a potential reversal point, suggesting that the bullish momentum may be waning, and a correction or pullback could be on the horizon.
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Bolinger Bands chart for Central Depository Services (India) Limited


Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for CDSL. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth.
CDSL psar eb0417
Parabolic Stop and Reverse chart for Central Depository Services (India) Limited


Stochastic: The stochastic indicator shows the K-line below the D-line but still above 80, suggesting the possible onset of a bearish price move. This setup hints that the market's recent gains could be reversing, potentially leading to a decline. Traders should monitor this development for further signs of weakness.
CDSL stoch eb0417
Stochastic chart for Central Depository Services (India) Limited


Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
CDSL trippleSMA eb0417
Tripple SMA chart for Central Depository Services (India) Limited


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.