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Technicals for Central Depository Services (India) Limited
By MusingTheNews
2025-06-13 20:28
Overall Technical outlook
Price Summary
In today's trading, Central Depository Services (India) Limited's stock fell by -4.85%, showcasing an lousy market day. Central Depository Services (India) Limited's stock, on 2025-06-12 opened at 1728.0, climbed to a high of 1728.0, dropped to a low of 1636.1, and closed up -4.85% at 1644.2, with 8165030 shares traded. The highest price the stock achieved in the past 52 weeks is 1964.05, while the lowest price it saw is 1003.1. The expected price range is between 1050.0 and 1414.0, with a mean anticipated price of 1264.6, according to 10 analysts.
Technicals
Support and Resistance: The current price of 1644.2 for CDSL finds support at 1529.25 and resistance at 1758.65. These levels define a range in which the price might oscillate, with 1529.25 as a potential support and 1758.65 as a resistance level. Support/Resistance for CDSL
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Central Depository Services (India) Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Central Depository Services (India) Limited
Parabolic SAR: The PSAR has recently moved from bullish to bearish, indicating a possible market decline. If this reversal aligns with other market trends, it could be a very bearish signal for CDSL. Investors should be vigilant and look for additional confirmation before making decisions. Parabolic Stop and Reverse chart for Central Depository Services (India) Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. 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 slopes of the 20 and 50 SMAs are starting to waver. This weakening of the bearish momentum could indicate that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should be alert for signs of a trend change as the current downtrend may be losing steam. Tripple SMA chart for Central Depository Services (India) Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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