BSE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.3
| Stock Code | BSE | Market Cap | 1,73,037 Cr. | Current Price | 4,248 ₹ | High / Low | 4,447 ₹ |
| Stock P/E | 74.5 | Book Value | 142 ₹ | Dividend Yield | 0.24 % | ROCE | 64.6 % |
| ROE | 48.8 % | Face Value | 2.00 ₹ | DMA 50 | 3,614 ₹ | DMA 200 | 2,922 ₹ |
| Chg in FII Hold | 1.97 % | Chg in DII Hold | 1.35 % | PAT Qtr | 799 Cr. | PAT Prev Qtr | 552 Cr. |
| RSI | 69.1 | MACD | 236 | Volume | 43,32,377 | Avg Vol 1Wk | 33,80,695 |
| Low price | 2,022 ₹ | High price | 4,447 ₹ | PEG Ratio | 0.53 | Debt to equity | 0.00 |
| 52w Index | 91.8 % | Qtr Profit Var | 101 % | EPS | 57.3 ₹ | Industry PE | 60.5 |
- 📈 Chart Patterns: BSE is trading at 4,248 ₹, close to its recent high of 4,447 ₹. Support lies around 4,150–4,200 ₹, resistance near 4,350–4,400 ₹. Trendlines suggest strong bullish continuation.
- 📊 Moving Averages: Price is well above 50 DMA (3,614 ₹) and 200 DMA (2,922 ₹), confirming robust medium- and long-term strength.
- 📉 RSI: At 69.1, RSI is approaching overbought territory, signaling caution for fresh entries.
- 📈 MACD: Strongly positive (236), confirming bullish divergence and momentum strength.
- 📊 Bollinger Bands: Price is near the upper band, indicating volatility expansion and potential resistance zone.
- 📊 Volume Trends: Current volume (43,32,377) is higher than weekly average (33,80,695), showing strong participation and accumulation interest.
- 📌 Momentum Signals: Entry zone around 4,150–4,200 ₹; exit zone near 4,350–4,400 ₹.
- 🔄 Trend Status: Trending strongly with bullish bias.
Positive
- Price above both 50 DMA and 200 DMA confirms strong uptrend.
- ROCE (64.6%) and ROE (48.8%) highlight exceptional efficiency.
- EPS of 57.3 ₹ provides solid earnings base.
- FII (+1.97%) and DII (+1.35%) holdings increased, showing strong institutional confidence.
Limitation
- RSI near overbought zone, limiting immediate upside.
- P/E of 74.5 vs industry average of 60.5 suggests premium valuation.
- Price near upper Bollinger Band may face resistance.
Company Negative News
- Valuation stretched compared to peers.
- Overbought RSI signals risk of short-term pullback.
Company Positive News
- PAT surged to 799 Cr. from 552 Cr. (+101%).
- Strong institutional inflows support momentum.
- Debt-free balance sheet adds financial strength.
Industry
- Industry P/E at 60.5 highlights sector moderately valued compared to BSE’s premium.
- Financial services sector remains buoyant with strong growth outlook.
Conclusion
BSE is trending strongly with bullish bias supported by MACD, volume, and price above key moving averages. Entry near 4,150–4,200 ₹ offers tactical positioning, with exit targets around 4,350–4,400 ₹. Strong fundamentals and institutional inflows support momentum, but stretched valuation and overbought RSI warrant cautious trading with strict stop-loss discipline.
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