CDSL Weekly Chart – Symmetrical Triangle SetupCentral Depository Services (India) LimitedNSE:CDSLTechnicalAnalystSucritPrice Action: CDSL is consolidating within a symmetrical triangle on the weekly timeframe. Lower highs and higher lows are converging toward an apex, suggesting a breakout or breakdown is near. Key Levels (as of latest weekly data): Breakout trigger: Above ₹1,565 (recent swing high) Breakdown risk: Below ₹1,480 (recent swing low) Triangle apex zone: Between ₹1,500–₹1,520 (compression zone nearing decision point) RSI Insight: RSI is hovering near the 50 zone. Bearish divergence is visible—price made higher highs while RSI made lower highs. This suggests fading bullish momentum and calls for caution. MACD Insight: MACD line is flat and close to the signal line. Histogram bars are alternating, showing indecisive momentum. No clear trend yet—market is waiting for a directional move. Verdict: Neutral bias for now. Wait for a confirmed breakout with volume. Momentum indicators are not yet supportive of a strong move. A breakout above ₹1,565 could resume the uptrend; a breakdown below ₹1,480 may invite deeper correction.