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Technicals for BSE Limited
By MusingTheNews
2025-05-30 20:24
Overall Technical outlook
Price Summary
BSE's shares experienced a significant 8.15% climb, indicating a stellar market performance. On 2025-05-30, BSE's stock began at 2472.5, peaked at 2690.0, dipped to 2469.0, and closed up 8.15% at 2674.0, with a volume of 18419827 shares. During the past 52 weeks, the highest stock price was 7459.0, and the lowest was 2208.35. Analysts expect the price of BSE to vary between 1780.0 and 2633.0, with an average expected price near 2295.5.
Technicals
Support and Resistance: The current price sits at 2674.0, supported at 2404.0 and capped by resistance at 3809.75. These levels define a range for BSE where the price might stabilize, with 2404.0 as a floor and 3809.75 as a ceiling. Support/Resistance for BSE
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for BSE Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for BSE Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for BSE. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for BSE Limited
Stochastic: The stochastic indicator reflects a bullish signal as the K-line crosses above the D-line and remains below 20. This setup is typically viewed as the beginning of a bullish move, suggesting that the market might soon experience upward momentum. Traders could see this as an opportunity to enter at a favorable point. Stochastic chart for BSE Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, with their slopes confirming the strength of this trend. The consistent decline in these averages suggests robust bearish momentum, indicating that the market is likely to continue its downward trajectory for BSE. This alignment and the reinforcing slopes point to a strong overall bearish trend, with little sign of a reversal. Tripple SMA chart for BSE Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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