BSE 1 Hour View

BSE is trading at ₹2,054.60, reflecting a 2.04% decline for the day.

📊 1-Hour Time Frame Technical Analysis

On the 1-hour chart, BSE Ltd. is exhibiting a "Strong Sell" signal across both technical indicators and moving averages. This suggests a prevailing short-term downtrend, with the stock trading below its key moving averages.

🔍 Key Technical Indicators

Relative Strength Index (RSI): Currently below 30, indicating the stock is in oversold territory and may be due for a short-term rebound.

Moving Averages: The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.

Volume Analysis: Recent trading volumes have been lower than average, indicating reduced investor participation.

📈 Support and Resistance Levels

Immediate Support: ₹2,000

Immediate Resistance: ₹2,100

A break below ₹2,000 could signal further downside, while a move above ₹2,100 may indicate a potential reversal.

⚠️ Considerations for Traders

Given the current "Strong Sell" signals, traders should exercise caution. It's advisable to wait for confirmation of a trend reversal before entering long positions. Utilizing a multi-timeframe analysis can provide a more comprehensive view of the stock's potential movements.