BLS - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 2.3

📉 Weak technicals and valuation concerns limit intraday appeal.

💡 Optimal Buy Price: ₹318

🎯 Profit Target: ₹328 | Stop Loss: ₹314

⏱️ If already holding, consider exiting near ₹328 or if price drops below ₹314 with rising volume.

📈 Positive

• 📊 ROCE of 19.0% and ROE of 22.0% indicate efficient capital use
• 📉 Low price of ₹277 offers recent support zone
• 📈 High trading volume (14.77L) supports liquidity

⚠️ Limitation

• 📉 MACD at -7.34 signals bearish momentum
• 💤 RSI at 47.8 shows neutral strength, lacking bullish confirmation
• 📉 Current price below both DMA 50 and DMA 200 (₹338 & ₹366)
• 📉 P/E of 623 vs. Industry PE of 37.4 suggests extreme overvaluation
• 📉 EPS of ₹0.52 is low relative to price

🚫 Company Negative News

• 📉 Quarterly PAT dropped from ₹1.58 Cr. to ₹0.75 Cr. (-48.3%)
• 📉 FII holding declined by 1.72%, indicating foreign investor caution

✅ Company Positive News

• 📈 DII holding increased slightly (+0.03%), showing marginal domestic support
• 📊 ROE and ROCE remain strong despite profit dip

🏭 Industry

• 🧾 Operates in the IT-enabled services sector
• 📊 Trades at a significantly higher P/E than industry average (623 vs. 37.4)

🧾 Conclusion

• BLS shows but lacks technical strength for intraday trades
• Best suited for rather than short-term momentum
• Intraday traders should wait for RSI > 50 and MACD reversal before entry

I can also chart BLS’s intraday support/resistance zones or compare it with other IT service stocks for better trade alignment.