Stock of the day : Central Depository Services India Ltd by Target Rs. 83

2025-10-13 10:56:46 am | Source: Religare Broking Ltd

Stock of the day : Central Depository Services India Ltd by Target Rs. 83 - Religare Broking Ltd

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Central Depository Services India Ltd

Buy Central Depository Services India Ltd CMP 1605.30 Range 1600-1610 SL 1550 Target 1710

* CDSL registered a fresh upside range breakout, maintaining levels above key moving averages and confirming the strength of its prevailing uptrend.

* The stock’s breakout from an ascending triangle—a bullish continuation pattern—signals the potential for further upward momentum.

* The consistent formation of higher highs and higher lows, accompanied by increasing volumes, underscores sustained market optimism.

* Investors may consider initiating long positions near the mentioned levels.

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Stock of the day : Central Depository Services India Ltd by Target Rs. 83 - Religare Broking Ltd

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