BSE Ltd

Technical Analysis Trend: Uptrend on higher timeframe. Structure: Breakout → retest → bounce (classic bullish structure). Support: ₹2,320 – ₹2,350. Major Support: ₹2,030 – ₹2,060. Resistance: ₹3,030. Bias: Positive while above retest zone. Fundamental Analysis Monopoly-like business in exchange services (listing, data, clearing). High operating leverage & strong cash generation. Beneficiary of rising retail participation. Asset-light, high ROE business. Summary: Both technically and fundamentally strong.