Depository Stocks Face Key Levels Ahead of NSE IPO

The article looks at three companies connected with stock-market services.

NSDL is moving sideways between Rs 800 and Rs 840.

Traders may become more positive if NSDL rises above Rs 840, but a fall below Rs 800 could be negative.

Protean has gained recently, but its overall chart still looks weak.

It may bounce toward Rs 540 if it stays above Rs 480, but traders are advised to wait for a clear breakout.

CDSL has a stronger trend because it is above its important moving averages.

However, CDSL still needs to cross Rs 1,453 before fresh buying is considered.

These levels are technical signals, not guarantees of what the stocks will do.