Stock of the day : Central Depository Services Limited by Target Rs. 370

2026-07-08 12:59:56 pm | Source: Religare Broking Ltd

Stock of the day : Central Depository Services Limited by Target Rs. 370 - Religare Broking Ltd

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Central Depository Services Limited

Buy Central Depository Services Limited CMP (Rs) 1360 Range* 1358-1362 SL 1320 Target 1440

* CDSL continues to exhibit a constructive price structure, forming a symmetrical triangle that signals a potential bullish continuation.

* The stock is consistently establishing higher highs and higher lows, reflecting strengthening medium-term sentiment.

* A decisive breakout above the descending trendline resistance could accelerate buying momentum, while supportive momentum indicators further strengthen the near-term positive outlook for investors.

* Investors may consider accumulating the stock within the recommended price range.

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Stock of the day : Central Depository Services Limited by Target Rs. 370 - Religare Broking Ltd

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