📉 CDSL – Consolidation Near Support Zone

📊 Technical View (Weekly Chart) Trendline Resistance: The stock is facing supply pressure from a falling trendline starting near ₹1,750, currently acting as overhead resistance around ₹1,550–₹1,600. Support Zone: Price has been consolidating around ₹1,450–₹1,480, very close to its 20-week EMA (₹1,483), which is acting as immediate support. Moving Averages: 200 DMA at ₹1,220 remains a strong medium-to-long term support. 100 DMA at ₹934 indicates the long-term trend is still positive. Volume Action: Declining volumes in recent weeks suggest profit booking rather than aggressive selling. 🔎 Momentum Indicators RSI hovering near neutral zone (~50), showing lack of momentum but no breakdown yet. MACD is flat, waiting for a trigger either side. ⚖️ View Stock is in a sideways consolidation between ₹1,450 support and ₹1,600 resistance. A breakout above ₹1,600 with volume can open upside toward ₹1,700–₹1,750. A break below ₹1,450 may drag price toward ₹1,220 (200 DMA). Trading Plan: Positional investors can accumulate near ₹1,450–₹1,480 with strict SL below ₹1,420, targeting ₹1,650–₹1,700 in coming weeks.