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Short-term traders can look to buy the stock for a target of Rs 2,380 in the next 1-2 months, suggest experts. The price fluctuations seen in the CDSL stock price resulted in the formation of an Ascending Triangle on the daily charts. The resistance was seen around Rs 2,000-2,050 levels.
Kiran Jani, Head of Technical Research at Jainam Broking, on Friday selected shares of two power distribution companies as his preferred picks from the mentioned space. "From this sector, we like Tata Pwer Company Ltd and Adani Power," Jani told Business Today TV.