BLUEDART - Technical Analysis

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

Technical Rating: 2.9

Let’s unpack the chart and technical dynamics behind BLUEDART ✈️📦

📉 Trend Analysis

Current Price (₹6,473) is

Below 50 DMA (₹6,625)

Below 200 DMA (₹6,749)

This indicates a weak downtrend, with failed attempts to reclaim moving averages

Trading near 52-week low zone ➤ severe correction from peak of ₹9,489

📊 Indicator Insights

RSI (40.7)

Sluggish momentum

Buyers remain cautious, not in oversold territory yet

MACD (29.7)

Positive but flattening ➤ potential divergence forming

Could indicate slowing downside or attempt at base building

Volume (8.7K vs avg 11.6K)

Light trading ➤ indicates lack of conviction

Bollinger Bands

Price near the lower band ➤ pressure remains, potential volatility if bounced

🚀 Momentum Signals

Short-term momentum is weak to neutral

MACD still positive, but price unable to break moving averages

RSI suggests consolidation, not full reversal

Institutional Holding

FII ↑ (slightly), DII unchanged ➤ passive institutional stance

🎯 Entry & Exit Zones

Action Price Range (₹) Insight

Entry (Value Approach) ₹6,000 - ₹6,200 Near support; look for base confirmation

Entry (Momentum Play) ₹6,700+ Only if price reclaims 200 DMA with volume

Exit (Short-Term) ₹6,950 - ₹7,100 Prior support turned resistance

Exit (Full Booking) ₹7,500+ Speculative target if trend reverses

🧩 Fundamental Overlay

P/E (61.9) vs Industry PE (28.8) ➤ expensive

PEG (-3.80) ➤ unsustainable valuation, growth slowdown

Quarterly profit decline (-8.59%) ➤ softening performance

Debt-to-equity (0.65) ➤ moderately leveraged

🧭 Summary

Trend: Weak & pressured

Momentum: Flat with early signs of consolidation

Pattern: Rounding bottom attempt or further drift

Technical Rating: 2.9

Want me to overlay its longer-term chart or compare it with peers like TCI Express or Gati? Could shed light on whether it's best to deliver or hold back. 📦📈 Let’s keep tracking!

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