As of the close on Monday, May 19, 2025, Central Depository Services (India) Ltd (NSE: CDSL) was trading at ₹1,450.80, marking a 2.98% increase from the previous session.
📊 30-Minute Timeframe Technical Overview
Price Action:
Day's Range: ₹1,408.00 – ₹1,468.00
52-Week Range: ₹1,047.45 – ₹2,989.00
Volume: Approximately 9.5 million shares traded, indicating heightened market activity.
Technical Indicators:
Relative Strength Index (RSI): 69.89 – approaching overbought territory, suggesting caution.
Moving Average Convergence Divergence (MACD): 36.23 – indicating bullish momentum.
Average Directional Index (ADX): 16.44 – suggesting a weak trend strength.
Stochastic Oscillator: 80.92 – in the overbought zone, which may precede a price correction.
Indicator: ₹1,280.03 – acting as a support level.
Parabolic SAR (PSAR): ₹1,209.57 – indicating an upward trend.
🔍 Support and Resistance Levels
Immediate Support: ₹1,408.00 – a level where buyers have previously shown interest.
Immediate Resistance: ₹1,468.00 – a recent high that may act as a barrier to upward movement.
🔭 Outlook
The technical indicators suggest that CDSL is experiencing a strong bullish trend. However, the RSI and Stochastic Oscillator indicate that the stock is nearing overbought conditions, which could lead to a short-term consolidation or minor correction. Investors should monitor the support and resistance levels closely and consider the heightened trading volume, which may affect the strength of the current trend.
📊 30-Minute Timeframe Technical Overview
Price Action:
Day's Range: ₹1,408.00 – ₹1,468.00
52-Week Range: ₹1,047.45 – ₹2,989.00
Volume: Approximately 9.5 million shares traded, indicating heightened market activity.
Technical Indicators:
Relative Strength Index (RSI): 69.89 – approaching overbought territory, suggesting caution.
Moving Average Convergence Divergence (MACD): 36.23 – indicating bullish momentum.
Average Directional Index (ADX): 16.44 – suggesting a weak trend strength.
Stochastic Oscillator: 80.92 – in the overbought zone, which may precede a price correction.
Indicator: ₹1,280.03 – acting as a support level.
Parabolic SAR (PSAR): ₹1,209.57 – indicating an upward trend.
🔍 Support and Resistance Levels
Immediate Support: ₹1,408.00 – a level where buyers have previously shown interest.
Immediate Resistance: ₹1,468.00 – a recent high that may act as a barrier to upward movement.
🔭 Outlook
The technical indicators suggest that CDSL is experiencing a strong bullish trend. However, the RSI and Stochastic Oscillator indicate that the stock is nearing overbought conditions, which could lead to a short-term consolidation or minor correction. Investors should monitor the support and resistance levels closely and consider the heightened trading volume, which may affect the strength of the current trend.
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WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Hello Guys ..
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.