CDSL

is consolidating within a tight range near its demand zone after experiencing a sharp decline of nearly 47 percent from its peak levels. This prolonged consolidation phase suggests a potential base-building process, with the price stabilizing and preparing for a directional move. The stock is now on the verge of breaking out of this consolidation zone, supported by consistent trading volumes—indicating accumulation at lower levels. A sustainable move above Rs 1,260 could confirm the breakout and potentially trigger a short-term upside toward Rs 1,350.