BLUEDART - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.4

Here’s a detailed technical analysis of BLUEDART (Blue Dart Express Ltd)

📊 Trend Overview

Current Status: Reversing

Price Action: Trading below both 50-DMA and 200-DMA, indicating a bearish structure with signs of base formation.

52-week Index: 13.8% — significant underperformance, near yearly lows.

📈 Moving Averages

DMA 50: ₹5,985

DMA 200: ₹6,467

Current Price: ₹5,870

🔻 Price is below both moving averages, confirming a downtrend. These levels now act as resistance.

📉 Momentum Indicators

RSI (14-day): 52.4 — Neutral zone, suggesting indecision.

MACD: -68.4 — Strong bearish crossover, indicating downward pressure.

Volume: 31,367 vs 1-week avg of 14,650 — Above average, possibly signaling accumulation or speculative interest.

📊 Bollinger Bands

Price is near the middle band, indicating low volatility and range-bound movement. No breakout or breakdown signal currently.

🔍 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 5,700 Near-term support zone

Support 2 5,365 52-week low, critical support

Resistance 1 5,985 50-DMA, immediate resistance

Resistance 2 6,200 Previous swing high

Resistance 3 6,467 200-DMA, major breakout level

🎯 Entry & Exit Zones

Optimal Entry: ₹5,700–₹5,850 range on confirmation of support holding and RSI reversal.

Exit Zone: ₹6,000–₹6,200 for short-term traders; ₹6,450+ for medium-term breakout players.

⚠️ Short-Term Signals

MACD strongly bearish, RSI neutral, and price below key averages suggest continued downside risk.

Volume spike may indicate early accumulation, but confirmation is needed.

Weak quarterly profit and negative PEG ratio reinforce caution.

🧭 Summary

Trend: Reversing with bearish undertone

Momentum: Weak; MACD signals caution, RSI and volume offer mixed signals

Technical Rating: 3.4 — Bearish setup with bounce potential near ₹5,700

Would you like a comparison with logistics peers like TCI Express or Delhivery to assess sector sentiment?

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