Buy Central Depository Services (India) Ltd For Target Rs.1829 by Jainam Share Consultants
Central Depository Services (India) Ltd
Buy Central Depository Services (India) Ltd CMP 1656.000 Buy Price 1656.00 Target 1829.00 Stop loss 1589.00 Holding Periond 1 Month
* The stock price close at Rs. 1622.80 on 19th Nov, 2025.
* At the moment, the stock has formed a bullish ascending triangle breakout on the daily chart. The breakout is supported by strong volumes, indicating Strong buying interest
* The price is currently trading above its 62-day moving average Channel, indicating bullish momentum. Furthermore, the RSI is also trading above 60, reflecting strengthening positive momentum.
* We expect the stock price to continue its current bullish momentum and head towards 1829.00 levels considering the current price action
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
