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BSE - Technical Analysis

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

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📊 Technical Analysis Summary for BSE Ltd.

Technical Rating: 3.3

BSE Ltd. is currently in a consolidation phase after a strong rally. While long-term indicators remain bullish, short-term momentum has weakened, and the stock is hovering near key moving averages with mixed signals.

📈 Trend Status

Trend: Consolidating after a sharp uptrend

Chart Patterns: Recent candlestick formations like Doji Star and Harami Cross suggest indecision

Price Action: Trading slightly below 50 DMA (₹2,519) but well above 200 DMA (₹2,013), indicating long-term strength but short-term hesitation

📊 Momentum Indicators

RSI (44.8): Neutral zone; no clear overbought/oversold signal

MACD (-41.0): Negative, indicating bearish momentum

Volume: Slightly below average (26.01L vs 29.96L), suggesting reduced participation

📉 Moving Averages

Indicator Value Signal

50 DMA ₹2,519 Price below – mildly bearish

200 DMA ₹2,013 Price above – long-term bullish

EMA (short-term) ~₹2,480 Price near EMA – consolidation

📊 Bollinger Bands

Price near middle band, indicating range-bound movement

Band width narrowing, suggesting low volatility and potential breakout setup

🔍 Support & Resistance Zones

Level Price (₹)

Support 1 2,449

Support 2 2,365

Resistance 1 2,519

Resistance 2 2,624

Resistance 3 2,730

🎯 Entry & Exit Zones

Optimal Entry: ₹2,440–₹2,485 (near support and neutral RSI)

Exit Zone: ₹2,620–₹2,730 (approaching resistance and breakout levels)

🧭 Conclusion

BSE Ltd. is consolidating with neutral momentum indicators. A breakout above ₹2,519–₹2,624 could trigger bullish momentum, while a drop below ₹2,449 may invite downside risk. Traders may consider range-bound strategies or wait for confirmation of trend direction with volume support.

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