BBTC - Technical Analysis

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

Technical Rating: 3.2

Here's a crisp technical dissection of BBTC (Bombay Burmah Trading Corporation) 🌱📉

📉 Trend Status

Current Price (₹1,939) is below both

50 DMA (₹1,954)

200 DMA (₹1,994)

Suggests a mild downtrend, with price hovering around support

From 52-week high of ₹2,975, price has declined over 35%, indicating prolonged weakness

📊 Technical Indicators

RSI (46.2)

In neutral zone, slight bearish inclination

Momentum lacking strength, neither oversold nor bullish

MACD (-2.32)

Negative crossover ➤ confirms weak price action and absence of trend reversal

Volume Trends

Current volume (77K) < Avg 1Wk (120K) ➤ low trader participation, low momentum

Bollinger Bands

Price close to lower band ➤ bearish bias but watching for possible volatility contraction

⚡️ Short-Term Momentum Signals

Bearish undertone, indicated by

Price under key DMAs

Weak RSI & MACD

Low volume despite fundamental strength

Institutional sentiment declining (FII ↓, DII ↓) ➤ cautious stance from funds

🎯 Optimal Entry & Exit Zones

Action Price Zone (₹) Commentary

Entry (Support Rebound) ₹1,880 - ₹1,900 Near short-term base; monitor for RSI recovery

Entry (Trend Recovery) ₹2,000+ On DMA reclaim + volume spike; MACD crossover needed

Exit (Short-Term Pop) ₹2,120 - ₹2,200 Resistance zone from recent pullbacks

Exit (Full Rally) ₹2,400+ Long-term resistance; only post trend reversal

📘 Fundamental Checkpoint

P/E (12.0) vs Industry PE (59.1) ➤ deep value stock

EPS (₹161) + Book Value (₹807) ➤ strong asset base

ROCE (35.5%) & ROE (21.9%) ➤ high operational efficiency

PEG (0.07) ➤ extremely undervalued vs growth outlook

Low Debt (0.28) ➤ sturdy financial structure

🧭 Summary

Trend: Downward to neutral; struggling to regain footing

Momentum: Bearish bias with weak volume

Pattern: Drifting sideways with potential bottoming attempt

Technical Rating: 3.2

Would you like to track volume buildups or set custom alerts for MACD flips? Or maybe lay out peer comparisons with Tata Coffee or Britannia? Let’s fine-tune your portfolio playbook. 📘📈

Edit in a page