CDSL Share Price Target 2025: Will Technicals Retrace or Resume Rally?

CDSL (Central Depository Services India Ltd, NSE: CDSL) is trading near ₹1,754 today, down ~1.4% from recent highs. After a strong rally from ₹1,047 lows, technical indicators show mixed signals—oscillators have cooled but moving averages remain bullish. If it stabilizes above ₹1,700–₹1,720, the stock could test ₹1,900–₹2,000 by late 2025. A breakdown below this zone may lead to a pullback toward ₹1,600–₹1,650.

1. Today’s Technical Snapshot (July 8, 2025)

• Price: ₹1,754.10 (–₹24.40, –1.37%)

• 52‑Week Range: ₹1,047 – ₹1,990

• RSI (14): ~43.7 — neutral-to-bearish

• MACD: –8.43 — bearish

• Stochastic: ~35.6 — neutral-to-bearish

• 50-/200-Day SMAs: ₹1,779 / ₹1,722 — price is slightly below 50-day but above 200-day

2. Technical Signal Interpretation

• Moving Averages are Bullish Overall: Price is above 200-day SMA—support remains strong. Short-term dip below 50-day could offer a buying opportunity.

• Oscillators Turning Cautious: RSI and MACD have softened after strong momentum, suggesting a possible consolidation phase.

• Support Forming: Recent trading around ₹1,700–₹1,720 hints at resistance-turned-support pivot.

3. Support & Resistance Levels

• Primary Support: ₹1,700–₹1,720 (200-day SMA & recent lows)

• Resistance Zones:

  • Immediate: ₹1,800–₹1,820 (50-day SMA and psychological level)

  • Upside Targets: ₹1,900 → ₹2,000 if momentum returns and volume picks up

4. Share Price Target by 2025

• Base-case: ₹1,900 — assuming the stock holds above ₹1,720 and oscillators improve.

• Bull-case: ₹2,000 — achievable with renewed MACD crossover and RSI rising above 50.

• Bear-case: ₹1,600–₹1,650 — if support fails and broader market weakens.

5. Risks & Technical Cautions

• Strong sell signals in daily indicators may lead to consolidation.

• A fall below ₹1,700 invalidates the bullish structure and raises downside risks.

• Any surge-free decline, especially on low volume, could indicate trap before real recovery.

6. Suggested Trading Strategy

• Entry Zone: ₹1,720–₹1,740 (near 200-day SMA support)

• Stop-Loss: ₹1,690–₹1,700 (below key support)

• Targets:

  • First: ₹1,900

  • Extended: ₹2,000

• Confirmation Tip: Look for MACD histogram turning positive and RSI climbing past 50 on increased volume.