Stock of the day : Central Depository Services Ltd For Target Rs. 1940.00 By Jainam Share Consultants
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Central Depository Services Ltd
* The stock price trading at Rs. 1678.00 on 02 Dec 2024.
* Currently the stock has given bullish chart pattern formation which resemble as Ascending Triangle chart pattern breakout on daily chart.
* At this point, the price is trading above all of its significant moving averages, indicating bullish momentum. Additionally, the Mometum Indicator RSI is trading above 60 in a positive zone.
* We expect the stock price to continue its current bullish momentum and head towards 1,900 - 1,940 levels considering the current price action.
Buy Central Depository Services Ltd @ 1678.00 Target 1940.00 Stop Loss 1548.00
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
