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Technicals for BSE Limited
By MusingTheNews
2026-02-02 20:24
Overall Technical outlook
Price Summary
BSE Limited's stock saw a 5.31% climb, showcasing an outstanding market day. BSE Limited's stock started trading at 2565.3 on 2026-02-02, climbed to 2711.0, fell to 2530.0, and closed 5.31% higher at 2701.6, with 7052617 shares traded. In the last 52 weeks, the stock's top price was 7459.0 and the bottom price was 2040.2. The price projection is between 903.6667 and 3300.0, with an average expected price around 2779.6191, according to 14 analysts.
Technicals
Support and Resistance: The price for BSE at 2701.6 is supported by the 2628.8 level and faces resistance at 2798.8. This range indicates key levels where the price may find buyers near 2628.8 and sellers near 2798.8, defining a trading range. Support/Resistance for BSE
Aroon: Aroon's bearish trend remains strong, with Aroon Down still at the 100 level. This suggests ongoing downward pressure. However, this trend should be further explored using additional indicators to gain a clearer understanding of its long-term significance. Aroon chart for BSE Limited
Bol. Bands: In the latest move, the price for BSE has crossed above the lower Bollinger Band, having previously been below it. This upward movement might suggest that the market is beginning to recover from a period of overselling. The crossing of this key level could indicate a potential reversal in the bearish trend, signaling a shift towards more positive price action. Bolinger Bands chart for BSE Limited
Parabolic SAR: The PSAR for BSE has shifted from bullish to bearish, hinting at a possible market reversal. If supported by other trends, this could be a very bearish signal. Traders should consider this development carefully and seek additional confirmation before making decisions. Parabolic Stop and Reverse chart for BSE Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for BSE Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for BSE. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for BSE Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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