Currency Grow (CA & SEBI Reg IA Omkar Bhutada) · 1st Jul 2025
✈️ Blue Dart Express – Testing the 50-Month Line... Again! 📦
BLUEDART
Courier to Multibagger? India’s logistics backbone is consolidating near key support — and the monthly chart is quietly hinting at a potential turnaround.
🔍 Technical Breakdown:
📉 After a euphoric rally post-COVID, Blue Dart has been in a steady correction
🟣 Now resting near its 50-month EMA, a historically reliable support zone
🟢 MACD nearing a crossover from below zero — first such setup since mid-2020 rally
🔁 Price is compressing, forming a long-term base, with volatility drying up
🧠 Interpretation:
This is not a “breakout” yet — but a textbook case of mean reversion & base building. Stocks that lead once tend to lead again… once the dust settles.
💥 A strong close above ₹7,200-7,400 can confirm the next leg. Until then, risk-reward is shaping up for accumulation investors.
📦 Business Snapshot:
One of India’s most reliable logistics plays, partnered with DHL
Operating leverage + e-commerce tailwinds to benefit long-term
Capex done, pricing power intact, and infra boost from Govt’s logistics push
💬 “Leaders rest before the next sprint.” Blue Dart seems to be doing just that.