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Technicals for Central Depository Services (India) Limited
By MusingTheNews
2025-10-17 20:29
Overall Technical outlook
Price Summary
On 2025-10-16, Central Depository Services (India) Limited's stock opened at 1624.3, reached a high of 1635.0, dropped to a low of 1615.0, and closed lower -0.25% at 1620.3, with a trading volume of 1347373 shares. The stock's peak price over the last 52 weeks is 1964.05, with the lowest being 1058.2. The future price of CDSL is anticipated to range from 1000.0 to 1780.0, with an expected mean price of 1452.0, according to the recommendations of 11 analysts.
Technicals
Support and Resistance: The current price of 1620.3 for CDSL is supported at 1567.1 and faces resistance at 1659.7. These levels indicate that 1567.1 could act as a floor, while 1659.7 might limit any further price increases. Support/Resistance for CDSL
Aroon: The AROON is currently in a neutral position for Central Depository Services (India) Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for Central Depository Services (India) Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Central Depository Services (India) Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for CDSL. 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 Tripple MOVING AVG 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. Tripple SMA chart for Central Depository Services (India) Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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