BSE - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.4

📈 BSE Ltd is in a strong uptrend with bullish momentum, high volume, and price action above key moving averages. Short-term traders may consider entries on pullbacks with targets near resistance zones.

📊 Technical Analysis Summary

• Trend Status: Trending upward
• RSI (61.0): Bullish zone — strong momentum, not yet overbought
• MACD (60.2): Positive crossover — confirms bullish momentum
• Volume: 75% above 1-week average — strong buying interest
• DMA 50 & 200: Price above both — confirms bullish structure
• Bollinger Bands: Price near upper band — momentum strong, watch for resistance

Sources

Investing.com India

+1

🎯 Entry & Exit Zones

• Support Levels: ₹2,450, ₹2,355, ₹2,250
• Resistance Levels: ₹2,600, ₹2,750, ₹2,900
• Optimal Entry: ₹2,450–₹2,500 (on minor pullback)
• Exit Target: ₹2,750–₹2,900 (short-term resistance)

✅ Positive

• Strong ROCE (47.5%) and ROE (35.8%) — excellent capital efficiency
• EPS of ₹34.7 — solid earnings profile
• Zero debt — robust financial health
• Quarterly PAT growth of 163% — strong earnings momentum

⚠️ Limitation

• High P/E (72.2) — valuation concerns
• Low dividend yield (0.24%)
• FII holding declined by 1.89% — sentiment softening

📉 Company Negative News

• Valuation stretched compared to industry average
• FII outflows may indicate cautious institutional stance

📈 Company Positive News

• Strong quarterly profit growth and EPS performance
• DII holding increased by 8.64% — domestic confidence

🏭 Industry

• Sector: Financial Services / Stock Exchange
• Industry P/E: 63.6 vs BSE’s P/E: 72.2 — slightly overvalued
• Sector outlook supported by rising retail participation and market expansion

🧾 Conclusion

• BSE is in a bullish trend with strong technical indicators
• Entry near ₹2,450–₹2,500 with targets at ₹2,750–₹2,900
• Monitor RSI and volume for signs of continuation or exhaustion
• Long-term outlook remains positive with strong fundamentals and sector tailwinds