BLUEDART - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 2.9

📈 Technical Analysis

• Chart Patterns: Stock is trading near its 52-week low (5,242 ₹) and far below its high (7,734 ₹), indicating weakness and downtrend pressure.
• Moving Averages: Current price (5,407 ₹) is below both 50 DMA (5,708 ₹) and 200 DMA (6,131 ₹), confirming bearish bias.
• RSI: At 24.9, RSI is oversold, suggesting potential short-term rebound but overall weakness.
• MACD: Strongly negative (-147), showing bearish momentum and trend continuation.
• Bollinger Bands: Price is near the lower band, signaling oversold conditions and possible short-term bounce.
• Volume Trends: Current volume (1,09,357) is significantly higher than 1-week average (42,428), indicating strong selling pressure and volatility.

🎯 Momentum & Trade Zones

• Support Levels: 5,250 ₹ (recent low), 5,000 ₹ (psychological support).
• Resistance Levels: 5,700 ₹ (50 DMA), 6,100 ₹ (200 DMA).
• Entry Zone: 5,250–5,350 ₹ (oversold zone, potential rebound).
• Exit Zone: 5,700–6,000 ₹ (near resistance and moving averages).
• Trend Status: Reversing downward, currently oversold with weak momentum.

✅ Positive

• Strong ROCE (18.6%) and ROE (15.0%) indicate efficient capital use.
• Quarterly PAT improved (79.5 Cr. vs 46.9 Cr.), showing earnings growth.
• EPS of 109 ₹ supports long-term earnings visibility.
• DII holdings increased slightly (+0.09%), showing domestic institutional support.

⚠️ Limitation

• Stock trading at only 6.61% of its 52-week range, showing severe underperformance.
• High P/E ratio (49.6) compared to industry average (24.5), suggesting expensive valuation.
• PEG ratio (-2.95) indicates negative growth expectations.
• Price below both 50 DMA and 200 DMA, confirming bearish trend.

📉 Company Negative News

• FII holdings decreased (-0.49%), showing reduced foreign investor confidence.
• Stock near 52-week low, reflecting weak market sentiment.

📊 Company Positive News

• Quarterly PAT growth of 30.8% shows operational improvement.
• EPS of 109 ₹ highlights strong profitability despite price weakness.

🏭 Industry

• Industry P/E at 24.5, much lower than Bluedart’s valuation, suggesting premium pricing.
• Logistics sector remains cyclical but supported by e-commerce and supply chain demand.

📝 Conclusion

• Bluedart is in a bearish trend, trading near its 52-week low with oversold signals.
• Fundamentals show profitability, but valuations are stretched and sentiment remains weak.
• Optimal strategy: Accumulate cautiously near support (5,250–5,350 ₹) and book profits near resistance (5,700–6,000 ₹).
• Short-term outlook: Possible rebound from oversold levels; long-term outlook depends on sustained earnings and sector recovery.