Central Depository Services (India) technical analysis

According to the latest Pivot data, Central Depository Services (India)’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹1652.9, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1670.8, ₹1703.8, and ₹1721.7, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1619.9, ₹1602, and ₹1569, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Central Depository Services (India)’s price movement.