BSOFT - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.6

Here’s a detailed technical analysis of BSOFT (Birlasoft Ltd)

📊 Trend Overview

Current Status: Consolidating

Price Action: Trading just above the 50-DMA but well below the 200-DMA, indicating short-term stability but medium-term weakness.

52-week Index: 18.1% — significant underperformance, far from yearly highs.

📈 Moving Averages

DMA 50: ₹388

DMA 200: ₹445

Current Price: ₹389

🔹 Price is hovering around the 50-DMA, suggesting indecision. The 200-DMA remains a strong overhead resistance.

📉 Momentum Indicators

RSI (14-day): 56.9 — Neutral to mildly bullish zone. No strong momentum signal.

MACD: -1.65 — Bearish crossover, indicating short-term weakness.

Volume: 16.9 lakh vs 1-week avg of 9.6 lakh — Above average, suggesting speculative interest or accumulation.

📊 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 1 375 Near-term support zone

Support 2 360 Previous swing low

Resistance 1 400 Minor resistance zone

Resistance 2 425 Gap zone before 200-DMA

Resistance 3 445 200-DMA, major breakout level

🎯 Entry & Exit Zones

Optimal Entry: ₹375–₹385 range on pullback with volume confirmation.

Exit Zone: ₹410–₹425 for short-term traders; ₹445+ for medium-term breakout players.

⚠️ Short-Term Signals

MACD bearish, RSI neutral, and price near 50-DMA suggest consolidation.

Volume spike may indicate accumulation, but confirmation is needed.

Sharp quarterly profit drop (-66.1%) and negative PEG ratio raise caution on fundamentals.

🧭 Summary

Trend: Consolidating with bearish undertone

Momentum: Mixed; MACD signals caution, RSI and volume offer mild support

Technical Rating: 3.6 — Neutral setup with resistance overhead and limited upside until ₹445 is reclaimed

Would you like a comparison with peers like Mastek or Persistent Systems to assess sector rotation?

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