BSOFT - Technical Analysis

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

Technical Rating: 3.3

Here’s a tactical technical overview of BSOFT 📡🧠

📉 Trend Evaluation

Current Price (₹410) is below both

50 DMA (₹419)

200 DMA (₹473)

This signals a downtrend, with weak price structure

Trading at just 20% of its 52-week high (₹723) ➤ deep correction

⚙️ Key Indicator Rundown

RSI (46.3)

Neutral zone, slightly leaning bearish

No strong momentum; lacks buyer pressure

MACD (-7.08)

Clear negative crossover ➤ bearish signal persists

Volume Spike (47L vs avg 20L)

Elevated volume may suggest distribution phase or speculative interest on dips

Bollinger Bands

Price hugging lower band ➤ weakness & downward pressure

🚦 Momentum Signals

Short-term momentum: Bearish

Price under DMAs, weak MACD, no RSI strength

Institutional Moves

FII ↑ (0.70%) shows moderate foreign interest

DII ↓ (-2.11%) signals domestic caution

📌 Entry & Exit Price Zones

Action Price Range (₹) Insight

Entry (Value Rebound) ₹365 - ₹385 Near support, but risky without bullish confirmation

Entry (Trend Reversal) ₹430+ Above 50 DMA and MACD flip — watch RSI > 50

Exit (Weak Rally) ₹440 - ₹465 Resistance near 200 DMA — ideal short-term targets

Stop Loss Zone ₹390 or below Protect downside if rebound fails

🧩 Additional Market Context

P/E (22.4) < Industry P/E (29.1) ➤ undervalued on surface

PEG (6.56) ➤ overvalued for growth potential

Profit Growth Q/Q: -32.2% ➤ eroding fundamentals

Debt-to-Equity (0.04) ➤ low risk from leverage

📊 Summary Snapshot

Trend: Reversing and under pressure

Momentum: Bearish with speculative bounce attempt

Pattern: Breakdowns with potential dead cat bounces

Technical Rating: 3.3

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