BLUESTARCO - Swing Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Swing Trade Analysis for BLUESTARCO Ltd.

Swing Trade Rating: 3.6

📉 Technical Overview

Current Price ₹1,745 is hovering around the DMA 50 ₹1,746, and below DMA 200 ₹1,781, indicating range-bound movement with a slight bearish lean.

RSI (47.6) suggests indecision—neither oversold nor strong enough for a breakout.

MACD (14.8) remains positive, which provides a bullish hint—but no confirmation without volume.

Volume is low compared to 1-week average → lack of momentum.

🔍 Interpretation: The stock is consolidating, and while MACD is supportive, weak volume and RSI point to the need for further confirmation before taking a swing position.

📊 Fundamental Strength

P/E (61.3) > Industry PE (53.3) → slightly overvalued.

PEG Ratio (1.18) → acceptable relative to earnings growth.

ROCE (26.2%), ROE (20.6%) → excellent capital efficiency and shareholder return.

EPS ₹28.8, Book Value ₹149 → solid profitability.

Debt-to-Equity (0.12) → low leverage supports stability.

PAT growth (₹123 Cr → ₹194 Cr) → quarterly growth is promising.

Minor institutional activity changes → neutral to mildly cautious sentiment.

🧠 Conclusion: Strong fundamentals and recent profit growth bolster the stock's profile, but valuation and tepid technical signals caution against aggressive entry.

✅ Optimal Entry Zone

Wait for a dip to ₹1,710–₹1,725 with RSI climbing above 50 and volume recovery.

Entry should align with MACD strength and positive crossover confirmation.

Stop-Loss: ₹1,680 — just below recent support range and psychologically key level.

🚪 Exit Strategy (If Already Holding)

Initial Target: ₹1,780–₹1,800 → aligns with DMA 200 and initial resistance.

Extended Target: ₹1,850–₹1,880 if momentum and volume breakout occurs.

If RSI crosses below 45 or price breaks ₹1,700 with volume, reassess position and consider partial exit.

💬 Final Insight

BLUESTARCO offers a solid base of fundamentals and has delivered a strong earnings quarter. However, for swing trading, you need confirmation of technical reversal or breakout signs. Patience pays here—a better entry on weakness or volume surge could improve your odds.

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