Stock To Buy This Week: CDSL Share Price Jumps 18% In Month; Brokerage Sees 22% Upside In Near-Term | TP

Stock To Buy This Week: CDSL share price was trading higher during Monday's intraday trading session, extending its one-month gain of 18%. The stock is showing constructive technical characteristics followed by a period of consolidation and improving momentum indicators, as per the Monarch Networth Capital report.

CDSL share price was trading 1% higher at Rs 1446.3 per share on NSE with a market capitalisation of Rs 30,233.94 crore (total). The stock touched an intraday high mark of Rs 1,448.30 per share and an intraday low of Rs 1,415.60 per share.

CDSL Share Price Recommendation | Technical Analysis

CDSL stock witnessed a sharp correction after reaching its peak high of 1829 in June 2025. CDSL stock was hovering in the support zone between 1150 and 1200. "The stock has been consolidating for the past few weeks and has successfully closed above its anchored VWAP resistance. Furthermore, it is forming a higher bottom pattern, indicating strong buying interest at lower levels," as per Monarch Networth Capital.

"The stock has closed above its 100-day moving average with a strong bullish candlestick formation above the POC (Point of Control) support zone. It is showing a continuation of a double bottom chart pattern, and after a brief retracement, it is exhibiting further buying interest," stated the brokerage in its report, released on Monday, July 13.

CDSL Share Price Target

Investors can accumulate CDSL stock in the range of 1400-1450 zone, as per the brokerage report. The brokerage has fixed Rs 1625-1750 share price target for a duration of 3-4 months.

"Traders can look to accumulate CDSL in the 1400-1450 zone and expect upside targets of 1625-1750 over the next 3-4 months, with a stop loss below 1240 on a closing basis," stated the brokerage in its report.

About CDSL

CDSL is one of India's leading securities depository which provides demat, settlement and asset servicing solutions to investors, brokers, mutual funds and financial institutions. CDSL went public with its initial public offering (IPO) in 2017.

CDSL Share Price Trend

The stock opened higher on Monday. CDSL stock touched its 52-week high mark of Rs 1,784.80 per share on July 10, 2025. The stock dipped to its 52-week low mark of Rs 1,116.30 per share on March 30, 2026. The stock has delivered 17.88% return in one month and around 6.54% return in one week. Its share price value has surged only 0.09%in 2026 so far.

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