BLUEDART - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.7

📈 BLUEDART is currently trending upward with strong technical momentum, but signs of overextension and low volume suggest caution for short-term entries.

📊 Technical Analysis Summary

• Trend Status: Trending upward
• RSI (76.6): Overbought — strong momentum, but risk of pullback
• MACD (157): Bullish crossover — confirms strong upward momentum
• Volume: ~64% below 1-week average — weak participation
• DMA 50 & 200: Price above both — confirms bullish structure
• Bollinger Bands: Price near upper band — momentum strong, but stretched

🎯 Entry & Exit Zones

• Support Levels: ₹6,200, ₹5,950, ₹5,834
• Resistance Levels: ₹6,500, ₹6,800, ₹7,200
• Optimal Entry: ₹6,200–₹6,300 (on pullback)
• Exit Target: ₹6,800–₹7,200 (short-term resistance)

✅ Positive

• Strong ROCE (18.6%) and ROE (15.0%) — efficient capital deployment
• EPS of ₹109 — robust earnings profile
• Price above key moving averages — confirms bullish momentum
• Quarterly PAT improved from ₹46.9 Cr to ₹79.5 Cr — 30.8% growth

⚠️ Limitation

• RSI above 70 — overbought zone, risk of correction
• Volume significantly below average — weak conviction
• High P/E (58.6) and negative PEG (-3.49) — valuation concerns
• Dividend yield of 0.39% — low income potential

📉 Company Negative News

• FII holding declined by 0.49% — slight institutional caution
• Stock down 36.2% from 52-week high — recent underperformance

📈 Company Positive News

• Strong quarterly earnings recovery
• DII holding increased by 0.09% — domestic investor confidence

🏭 Industry

• Sector: Logistics / Transportation
• Industry P/E: 28.3 vs BLUEDART’s P/E: 58.6 — significantly overvalued
• Sector outlook supported by e-commerce growth and supply chain modernization

🧾 Conclusion

• BLUEDART is in a bullish trend with strong technical indicators
• Entry near ₹6,200–₹6,300 with targets at ₹6,800–₹7,200
• Monitor RSI and volume for signs of exhaustion or continuation
• Valuation remains stretched; short-term traders may benefit from momentum, long-term investors should be cautious