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Technicals for Blue Dart Express Limited
By MusingTheNews
2025-10-17 20:26
Overall Technical outlook
Price Summary
Blue Dart Express Limited's stock started trading at 5535.5 on 2025-10-16, climbed to 5599.0, fell to 5490.0, and closed 0.76% up at 5577.5, with 15230 shares traded. The stock's highest price in the past 52 weeks is 8444.9, while its lowest price during the same period is 5468.0. Future price predictions suggest a range between 6200.0 and 7330.0, with an average expected price of 6884.0, as per 5 analysts.
Technicals
Support and Resistance: The price sits at 5577.5, supported by 5607.5 and resisted by 5607.5. This indicates a trading range where 5607.5 provides a floor, preventing declines, and 5607.5 acts as a ceiling, limiting further price increases for BLUEDART. Support/Resistance for BLUEDART
Aroon: The current state of the AROON is neutral for BLUEDART, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Aroon chart for Blue Dart Express Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Blue Dart Express Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for Blue Dart Express Limited
Stochastic: The stochastic indicator shows the K-line rising above the D-line, yet staying below 20, which is generally seen as the start of a bullish move for Blue Dart Express Limited. This suggests that the market may be in the early stages of a recovery, possibly leading to an uptrend. Traders could consider this a sign to start buying. Stochastic chart for Blue Dart Express Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods indicate a bullish trend, though the slopes of the faster averages suggest that this trend may not last. The weakening signals from the shorter-term averages point to a potential reversal, indicating that the current upward momentum could be approaching a turning point. Tripple SMA chart for Blue Dart Express Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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