2026-07-16 11:30:13 am | Source: Religare Broking Ltd
Stock of the day : Central Depository Services Limited by Target Rs. 1530 - Religare Broking Ltd
Central Depository Services Limited
Buy Central Depository Services Limited CMP (Rs) 1440.10 Range* 1438-1442 SL 1395 Target 1530
* CDSL is showing improving technical strength as it sustains above key moving averages while already shown a decisive breakout from a prolonged symmetrical triangle formation.
* Price structure is constantly showing higher highs and higher lows, reflecting of strengthening bullish sentiment.
* Rising volume during up-move further validates the underlying strength and enhances the probability of bullish continuation.
* Investors may consider accumulating the stock within the recommended buying range.
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