CDSL - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Technical Analysis for CDSL (Central Depository Services Ltd)

Technical Rating: 3.3

📉 Trend Overview

Current Price: ₹1,540

52W High/Low: ₹1,990 / ₹1,047

Trend Status: Reversing The stock has corrected ~23% from its 52-week high and is trading below its 50 DMA but above the 200 DMA, indicating a short-term downtrend within a longer-term bullish structure.

📈 Chart Patterns & Indicators

RSI (32.0): Approaching oversold territory, signaling weak momentum but potential for a short-term bounce.

MACD (-25.2): Bearish crossover, confirming downward momentum.

Bollinger Bands: Price is near the lower band, suggesting volatility compression and possible support.

Volume Trends: Current volume (27.9L) is slightly below the 1-week average (32.4L), indicating reduced participation and caution among traders.

📉 Moving Averages

Moving Average Value (₹) Signal

50 DMA 1,636 Bearish (Price below)

200 DMA 1,464 Bullish (Price above)

The price is caught between the 50 and 200 DMA, suggesting consolidation with a bearish tilt.

📌 Support & Resistance Zones

Support Levels: ₹1,500 (psychological), ₹1,464 (200 DMA), ₹1,420 (recent swing low)

Resistance Levels: ₹1,636 (50 DMA), ₹1,700 (trendline resistance), ₹1,770 (previous breakdown zone)

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹1,460–₹1,500 (if RSI stabilizes and price holds above 200 DMA)

Exit Zone: ₹1,630–₹1,700 (near resistance and 50 DMA)

Stop Loss: ₹1,420 (below recent swing low)

⚠️ Momentum Signals

Short-Term: Weak momentum, possible bounce if RSI rebounds and volume improves

Medium-Term: Neutral to mildly bullish if price sustains above 200 DMA and reclaims 50 DMA

🧠 Summary

CDSL is in a reversal-to-consolidation phase, with technical indicators showing mixed signals. While short-term momentum is weak, the stock is holding above its 200 DMA, which could act as a base for recovery. Traders may consider accumulating near ₹1,460 with tight risk controls and watch for a breakout above ₹1,636 for confirmation.

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