Support Restest and Breakout is expected in CDSL

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Central Depository Services Ltd (CDSL) has shown a classic support retest and breakout on the daily chart, indicating renewed bullish strength from a key zone. The price respected previous support and has now confirmed a breakout with momentum, aligning with technical breakout trading setups. Additionally, a sharp recovery is visible in the CDSL 1500 call option, suggesting a potential reversal and short-term upside for both the equity and its derivative.

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