BLS - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 2.6

📉 Intraday Trading Analysis for BLS

❌ Is BLS a Good Intraday Candidate?

Not ideal. BLS shows weak momentum and valuation concerns, making it a risky intraday trade today

Momentum Indicators

RSI at 47.8: Neutral to slightly bearish — no clear trend.

MACD at -2.11: Bearish crossover, indicating downward pressure.

Price Action

Trading below both DMA50 (₹373) and DMA200 (₹381) — bearish structure.

Volume

Slightly above average (7.63 lakh vs 6.14 lakh) — decent liquidity, but not enough to offset weak technicals.

Fundamentals

Extremely high P/E (714) and PEG (69.5) — severe overvaluation.

EPS of ₹0.52 and Book Value of ₹2.59 — poor earnings quality.

Qtr Profit Var: -48.3% — sharp earnings decline.

FII holding dropped (-1.40%) — institutional sentiment weakening.

🎯 Optimal Buy Price (If Trading)

Buy Zone: ₹365–₹368

Only consider entry if price stabilizes and MACD flattens.

📈 Profit-Taking & 📉 Loss Protection

Target 1: ₹373 (near DMA50)

Target 2: ₹378 (minor resistance)

Stop-Loss: ₹360 (below intraday support)

🕒 If You Already Hold Today

Exit on Weakness

If price drops below ₹360 and MACD remains negative, exit to avoid deeper losses.

Exit on Strength

If price crosses ₹373 with rising volume and RSI > 50, trail stop-loss to ₹368 and aim for ₹378.

⚠️ Final Take

BLS lacks strong technical and fundamental support for intraday trading. Only suitable for scalping with tight stop-losses if price action improves. Better to wait for trend confirmation or switch to a more liquid, fundamentally sound stock.

Let me know if you'd like to scan for stronger setups across mid-cap or services sector!

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