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Technicals for Central Depository Services (India) Limited
By MusingTheNews
2025-08-15 20:28
Overall Technical outlook
Price Summary
On 2025-08-13, Central Depository Services (India) Limited's stock opened at 1546.0, reached a high of 1573.0, dropped to a low of 1543.9, and closed up 1.2% at 1564.5, with a trading volume of 1778111 shares. During the 52-week span, the stock hit a high of 1964.05 and a low of 1058.2. According to 10 analysts, the price of CDSL in the future is projected to be between 1000.0 and 1780.0, with an average expected price of 1417.7.
Technicals
Support and Resistance: The current price of 1564.5 for CDSL finds support at 1478.8 and resistance at 1567.1. These levels define a range in which the price might oscillate, with 1478.8 as a potential support and 1567.1 as a resistance level. Support/Resistance for CDSL
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Central Depository Services (India) Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Central Depository Services (India) Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Central Depository Services (India) Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Central Depository Services (India) Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Central Depository Services (India) Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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