⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
BLUEDART - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | BLUEDART | Market Cap | 13,033 Cr. | Current Price | 5,492 ₹ | High / Low | 7,225 ₹ |
| Stock P/E | 45.4 | Book Value | 713 ₹ | Dividend Yield | 0.46 % | ROCE | 18.6 % |
| ROE | 15.0 % | Face Value | 10.0 ₹ | DMA 50 | 5,522 ₹ | DMA 200 | 5,958 ₹ |
| Chg in FII Hold | -0.90 % | Chg in DII Hold | 0.49 % | PAT Qtr | 108 Cr. | PAT Prev Qtr | 79.5 Cr. |
| RSI | 55.2 | MACD | -18.9 | Volume | 30,908 | Avg Vol 1Wk | 23,101 |
| Low price | 5,190 ₹ | High price | 7,225 ₹ | PEG Ratio | -2.70 | Debt to equity | 0.28 |
| 52w Index | 14.8 % | Qtr Profit Var | 35.9 % | EPS | 105 ₹ | Industry PE | 23.1 |
📈 Technical Analysis
- Chart Patterns: Stock has corrected from highs (7,225 ₹) and is trading at 5,492 ₹, showing consolidation near support zones.
- Moving Averages: Current price is slightly below 50 DMA (5,522 ₹) and 200 DMA (5,958 ₹), indicating mild bearish bias.
- RSI: At 55.2, stock is neutral, suggesting balanced momentum with potential for upside.
- MACD: Negative (-18.9), showing bearish divergence despite stable RSI.
- Bollinger Bands: Price near mid-band, indicating sideways consolidation.
- Volume Trends: Current volume (30,908) is higher than average weekly volume (23,101), showing increased participation and volatility.
🎯 Momentum & Trade Zones
- Short-term Momentum: Neutral to mildly bearish, consolidation signals dominate.
- Support Levels: 5,450 ₹ (near-term), 5,190 ₹ (major support).
- Resistance Levels: 5,522 ₹ (50 DMA), 5,958 ₹ (200 DMA), 6,200 ₹ (strong resistance).
- Optimal Entry: 5,450–5,500 ₹ range on dips.
- Optimal Exit: 5,700–5,950 ₹ unless breakout above 6,200 ₹ is confirmed.
📊 Trend Status
Stock is consolidating near support levels, with neutral RSI and bearish MACD suggesting sideways movement before a potential breakout.
✅ Positive
- Strong ROCE (18.6%) and ROE (15.0%).
- DII holding increased (+0.49%), showing domestic institutional confidence.
- Quarterly PAT growth (108 Cr. vs 79.5 Cr.) shows earnings strength.
- EPS at 105 ₹ supports valuation strength.
⚠️ Limitation
- High valuation with P/E of 45.4 vs industry average of 23.1.
- PEG ratio (-2.70) indicates poor earnings growth relative to valuation.
- Stock trading below both 50 DMA and 200 DMA, showing technical weakness.
📉 Company Negative News
- FII holding decreased (-0.90%), showing reduced foreign investor confidence.
- 52-week index gain only 14.8%, underperforming broader market peers.
📈 Company Positive News
- DII holding increased (+0.49%), reflecting domestic investor support.
- Quarterly profit growth (+35.9%) highlights earnings momentum.
🏭 Industry
- Logistics sector trading at industry P/E of 23.1, lower than Blue Dart’s valuation.
- Sector supported by e-commerce growth and rising demand for express delivery services.
🔎 Conclusion
Blue Dart is technically consolidating with neutral RSI but bearish MACD. Traders may consider entry around 5,450–5,500 ₹ with exit near 5,700–5,950 ₹. Long-term investors should wait for breakout above 6,200 ₹ for bullish confirmation, given premium valuation and underperformance relative to peers.