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Mayank Kumar

7th Aug 2025 · SEBI-Registered Analyst

BSE

BSE
The daily chart of BSE Ltd shows a corrective phase after a strong uptrend, with price now trading below the 50 EMA (₹2,497.83) and testing support near the 100 EMA (₹2,345.28). The stock closed at ₹2,387.60 with a mild recovery of +0.86%, indicating buyer interest near the 100 EMA zone. However, the overall trend appears weak in the short term as the RSI (40.81) is hovering near oversold territory and below the midline, reflecting bearish momentum. A breakdown below the 100 EMA could open the way toward the 200 EMA (₹2,034.20), while a bounce back above the 50 EMA would be an early sign of bullish recovery. Caution is advised unless clear reversal signals emerge.

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