BSE Ltd Breakout: High Volume Surge and Buy Signals!🚀 BSE Ltd Breakout Alert! 🚀
📊 Current Market Price (CMP): ₹3,896
🔍 Breakout Levels:
✅ High volume breakout observed across Daily, Weekly, and Monthly charts.
📈 Oscillators showing a Buy Signal.
📉 MACD confirms a Buy Signal as well.
🔑 Stop Loss : ₹3,650
🎯 Target : ₹4,375
Disclaimer : This analysis is for educational purposes only. Please don't follow this study blindly. Do your own research or consult with a financial advisor before entering any trade. Always trade with caution and risk management!
#BSE #StockMarket #TechnicalAnalysis #Breakout #Nifty #TradingTips #MarketStudy #StockTrading #RiskManagement
BSE trade ideas
BSE LTD S/R Support 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.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 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.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
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.
BSE - Technical Structure IntactBSE shares today faced the wrath of SEBI directive seeking the payment of regulatory fee (both historical and current FY).
Although this is not a fresh buying suggestion, but as evident from the chart, there had been a recent flag pattern breakout which still has not been violated.
People holding can continue to do so until the levels marked at the bottom aren't breached.
BSE LtdBombay Stock Exchange (BSE Ltd) is an Indian Stock Exchange located at Dalal Street in Mumbai. The Co. facilitates a market for trading in equity, currencies, debt instruments, derivatives, and mutual funds.
TARGETS IN CHART - SL 848
Market Cap
₹ 14,176 Cr.
Current Price
₹ 1,048
Stock P/E
54.7
Book Value
₹ 200
Dividend Yield
1.17 %
ROCE
13.9 %
ROE
8.65 %
Face Value
₹ 2.00
Promoter holding
0.00 %
EPS last year
₹ 16.3
EPS latest quarter
₹ 32.7
Debt
₹ 0.02 Cr.
Pledged percentage
0.00 %
Net CF
₹ -434 Cr.
Price to Cash Flow
-103
Free Cash Flow
₹ -280 Cr.
Debt to equity
0.00
OPM last year
38.1 %
OPM 5Year
34.3 %
Reserves
₹ 2,674 Cr.
Price to book value
5.28
Int Coverage
14.4
PEG Ratio
-2.79
Price to Sales
14.3
Sales growth 3Years
15.2 %
Profit Var 3Yrs
27.9 %
BSE ltd - what's my trade plan 📈💡NSE:BSE
Performance: BSE LTD's performance in the market has been stable with significant growth in its key business segments.
Market Dominance: BSE LTD continues to dominate as one of the leading stock exchanges in India, dealing with a wide array of asset classes.
Technological Advancements: BSE LTD has made significant technological advancements to provide efficient and robust trading systems.
Revenue Streams: BSE LTD has diverse revenue streams such as transaction charges, depository charges, membership fees, and listing fees, contributing to its stable financial performance.
Regulatory Compliance: BSE LTD operates under strict regulatory compliance, ensuring the interest of investors.
Partnerships: BSE LTD has formed strategic partnerships globally, enhancing its market reach and influence.
Investment Opportunities: With a high potential for growth, BSE LTD presents promising investment opportunities for traders and investors.
disc: Invested , will look for averaging up
BSE ltd - what's new trade plan 📈💡BSE Ltd What's my new trade plan NSE:BSE
If you've been following the stock market, you may have noticed that BSE LTD was one of the biggest wealth creators last year and is now setting up nicely. I covered the company's fundamentals in a previous analysis, which you can find through the link below.
Added now with anticipation will be a weekly breakout
and thereafter, you can follow me here and connect with me social media - will share more details
Covered more in detail in video earlier
As a disclosure, I'm holding shares from the first trade plan (which were free) and have since added more, but please note that this is not a recommendation.