BSE trade ideas
BSE BSE
As of now the stock is close to daily Supply
-Price Can Retest Weekly & Daily Demand
Add : 4563:
Add: 4233
Add : 3978
MTF Analysis Remarks
BSEYearly Demand 2,595
BSE 6 Month Demand 3,264
BSE Qtrly Demand 4,200
BSEMonthly Demand 4,200
BSEWeekly Demand DMIP 4,233 BUY
BSEDaily Demand Demand SOE 4,563 BUY
BSEDaily Demand DMIP CAP-DMIP 3,978 BUY
ENTRY -1 Long 4,233
SL 3,800
RISK 433
Target as per Entry 8,685
RR 10
Last High 6,183
Last Low 3,681
BSE LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Short BSE LtdHuge run up in last one year almost 10x and 2.5x in last 6 months
Lower High twice (need to do thrice for formation to complete)
Bearish Engulfing made at resistance level which was support of previous swing
Follow through after bearish engulfing
SL and Entry price mentioned in Chart
Track sector to gauge strength of Sector
AngelOne is weak on Chart
BSE: Looks bullish but not sure.BSE is all time high area despite Nifty kept falling.
Not sure about fundamental reason why it is making highs but as they say casino never loses money.
Wait for price to fall a bit. Then you can enter.
Generally I do not decide on targets on stocks in life time high area.
If you see enough profit, exit. Or you can trail SL.
BSE - 108% in 123 Days!BSE Ltd on the daily timeframe demonstrated exceptional performance, achieving all targets and exceeding expectations with a massive 108% gain in just 123 days. This trade was accurately identified using the Risological Swing Trading Indicator.
BSE Key Levels:
TP1: 2781.30 ✅
TP2: 3075.00 ✅
TP3: 3368.70 ✅
TP4: 3550.20 ✅
Technical Analysis:
The entry point was perfectly timed at 2599.80, with a tightly managed stop-loss at 2452.95 to minimize risk.
BSE followed a robust bullish trend, crossing the Risological trend line early and sustaining momentum throughout the trade.
With all targets achieved, the stock's explosive breakout reaffirms the effectiveness of the Risological Swing Trading Indicator in capturing high-momentum moves.
Traders leveraging this setup could capitalize on significant gains while maintaining discipline with predefined stop-loss and take-profit levels.
BSE: Bullish Momentum for a Major Breakout!🚀 BSE: Bullish Momentum for a Major Breakout! 📈💥
Why You Need to Watch This Stock: BSE is on a bullish trajectory, breaking through significant resistance and showing multiple strong technical signals. With a 52-week breakout and several key indicators aligning for an upside surge, this stock is primed for swing trades and BTST opportunities. Here’s why it’s a must-watch:
🔥 Key Technicals:
Bullish Marubozu: A strong bullish candle forming, signaling continued momentum.
52-Week Breakout: Trading at new 1-year highs with good volume, confirming a potential breakout.
RSI Breakout: RSI at 68, showing strong upward momentum.
Volume Surge: The recent price rise is fully supported by strong volume, confirming sustainability.
Stochastic at 94 and CCI at 235: Both indicators show strong upward pressure and suggest that the trend has room to run.
MACD Bullish: All signs point to further bullish movement.
Donchian Band: New high created with a strong breakout possibility.
Bollinger Bands: Positive breakout suggesting sustained upward movement.
EMA 50, 100, 200: All EMAs trending up, confirming a strong uptrend across short, medium, and long-term charts.
📅 Latest Signal:
Long White Candle on the Daily chart, reinforcing bullish strength.
Bullish Engulfing on the Weekly chart, signaling a continuation of the uptrend.
💥 Why It’s a Strong Pick: With its strong bullish technical rating, BSE is signaling a clear breakout opportunity. The combination of a 52-week high, strong volume, and key bullish patterns make it an ideal candidate for both short-term breakouts and swing trades.
🚨 Take Action NOW: The momentum is building, and the breakout is in play! Don’t wait—set your alerts and position yourself to catch the next move.
👉 Add BSE to your watchlist now and prepare for potential upside!
🔔 Set your alerts and get ready to ride the wave!
BSE LimitedBSE Ltd. shows potential for breaking its all-time highs and beyond, especially if it maintains its leadership in India's capital markets and benefits from increasing trading volumes. Key support levels should be monitored closely to validate a bullish outlook.
looking further for more price data to form which will help me deliver with Perfect entry and Stoploss. currently i am staying neutral with no action in place just looking further how price moves in future.
BSE - previous learnings applied to the current marketThis post highlights the previous strong uptrend in BSE, and the consolidation it led to.
The chart also indicates how it behaved during the consolidation phase.
Certain pointers:
i. The average maximum decline from peak in this period was of ~22-23%
ii. The price movement took resistances at the 8EMA when it tried rising during this period.
iii. The 20SMA and 50SMA were in a crisscross most of the time, not signaling any persistency during the period.
iv. The break-out from the resistance saw the price > 8EMA>20SMA>50SMA>200SMA
v. The strongest gap up of the consolidation period came at the very end on 8th Aug 2024, with a 6% gap up.
Currently, BSE had a strong uptrend from 16th Aug 2024 up to14 Oct 2024, with an ~89% rise.
The maximum decline it has seen from the peak is of ~20%.
The current resistance of its time (o.i.t) level is at approximately INR 5000. The break of this with other factors will mark the next strong uptrend.
C&H formation BSE c&H formation
Cup and Handle Pattern Overview
1. Cup Formation:
A rounded bottom resembling a "U" shape.
Indicates a period of consolidation followed by a recovery.
2. Handle Formation:
A short-term consolidation or pullback resembling a downward-sloping flag or channel.
Prepares for the breakout.
3. Breakout:
Occurs when the price breaks above the resistance level formed at the top of the cup.
Typically followed by high volume.
Key Components to Look For
1. Cup Depth: The cup should not be excessively deep; a shallow retracement is ideal.
2. Handle Length: The handle should not retrace more than 50% of the cup's height.
3. Volume: Decreasing volume during the handle phase, followed by a spike on breakout.
4. Timeframe: Typically observed on daily or weekly charts.
Example Analysis
1. Stock: Let’s take TCS as an example (or any BSE stock).
2. Timeframe: Daily chart.
3. Steps:
Identify a rounded consolidation phase forming the "Cup."
Look for a small retracement (forming the "Handle") near the cup's resistance.
Watch for breakout with volume above the resistance line.
Targets and Stop-Loss
Target: Measure the height of the cup (from the bottom to resistance) and add it to the breakout point.
Stop-Loss: Place it slightly below the handle's lowest point.
BSE - Better to Safely Exit BSE Ltd has been in limelight offlate with the rumors of listing of its cousin NSE :) But let's do a deep dive analysis to see if it is safe to Hold / Buy BSE
1. On Quarterly Chart - the Price had a 4 year Rounding Bottom BO above 480 levels, followed by a Retest of BO zone with a Fib 0.618 Golden Ratio retracement
In the Long Term view - the price has COMPLETELY exhausted ALL possible "Extended" Targets of Fibonacci up until 4.764 levels without ANY retracements in the Quarterly chart. After completely reaching all targets, price is now retracing from 4.764 level as well. Also, the price broke out of multi-year parallel Channel but giving it is retracing, it will definitely come inside the channel before end of this Quarter (Dec 2024)
So, given the Quarterly view - without a retracement - DON'T expect any more rally - any intermediate bursts would be a perfect Honey Trap to innocent retailers - SO AVOID
2. On Monthly Chart - the price took 2 small dips when it tested the Multi-year Parallel Channel around 2,500 levels and then at 3,265 level - thus forming a Double Bottom structure at 2,200 level
The Double Bottom target is 4,420 which has already surpassed. While forming Double Bottom on Monthly, the price took a Fib 0.382 retracement with Fib 1.0 target of 4,975 (which matches the Fib 4.764 target of larger quarterly pattern)
Also, on Monthly, the price has given a Massive 1,128% return within just 1.5 years since Mar 2023. How much more do you expect ??
As you can see - ALL possible Technical Targets have been met and its risky if the price falls within the long term parallel Channel
So, existing holders - Book 50% or take your Principal out.
STRICTLY NO FRESH Entries - until clear consolidation which will either be a Price consolidation by falling a minimum of Fib 50% or time consolidation by going sideways until it reaches the Bottom of the Parallel Channel - sometime until Dec 2025 or even later (depending on the angle it takes)