Free S&P BSE 100 INDEX (BSE-100.BO) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Hold Hold Hold
Last Update / Period
05 Nov / Daily
Category/Currency
Indexes/INR
Exchange/Country
BSE/--

S&P BSE 100 INDEX (BSE-100.BO) signal with technical analysis on 05 Nov

On 05 Nov, we conducted a comprehensive technical analysis of S&P BSE 100 INDEX (BSE-100.BO), considering 256 signals with intricate details. Here are the key findings: 8 signals suggested buy strategies, while 164 indicated sell strategies. The remaining 84 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 1
Sell Signals: 42
Neutral Signals: 21
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 2
Sell Signals: 39
Neutral Signals: 23
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 3
Sell Signals: 39
Neutral Signals: 22
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 2
Sell Signals: 44
Neutral Signals: 18
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 8
Sell Signals: 164
Neutral Signals: 84
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your S&P BSE 100 INDEX (BSE-100.BO) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for S&P BSE 100 INDEX (BSE-100.BO) on , there is a tendency toward a sell signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and careful consideration should be given to overall market conditions and your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
S&P BSE 100 INDEX (BSE-100.BO) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is recommended to find the optimal time to exit your position based on the combination of technical analysis signals. For those with a higher risk tolerance, you may wait for the market to move further in the coming days before deciding.
S&P BSE 100 INDEX (BSE-100.BO) trading strategy for those in sell positions (short positions): If you are already in a sell (short) position, holding your position may be the right strategy based on our technical analysis consensus. However, remain cautious and closely monitor market developments.
For new positions: If you are not currently invested or are considering switching to a sell (short) position, it's advisable to evaluate the expected price range, which represents a potential downside of 22.42% based on the lowest predicted price. Before entering a sell position, ensure it aligns with your risk tolerance and investment objectives by conducting thorough research.

In all trading scenarios, it is essential to implement a well-defined stop-loss strategy to manage potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend the "Predict-price" website, which provides both short-term and long-term predictions for free. This resource can aid in making informed decisions regarding your **S&P BSE 100 INDEX (BSE-100.BO)** holdings.

S&P BSE 100 INDEX (BSE-100.BO) Price Analysis and Support Levels:

In our current S&P BSE 100 INDEX (BSE-100.BO) position, we anticipate a potential downward trend. It is crucial to understand the key support levels, which can serve as reference points for traders to make well-informed decisions.

First Support Level: 22493.07 We are closely monitoring the price at the first support level of 22493.07, a critical point in our analysis. If the downward trend continues and this level is breached, it would indicate strong selling pressure and potential further price depreciation.

Second Support Level: 20689.461 If the first support level at 22493.07 is broken, the second support level at 20689.461 becomes a key point. A break at this level suggests stronger downward momentum, likely influenced by market sentiment or external factors.

Third Support Level: 19258.301 If the price continues to decline, and the second support level is breached, it signals a significant shift in market dynamics. Staying below 19258.301 would indicate a persistent downward trend, with traders looking to this third support level as the next reference point.
It’s essential to closely monitor these support levels and analyze them within the broader market context. By remaining alert and consistently analyzing the market, you can make informed decisions while trading S&P BSE 100 INDEX (BSE-100.BO). By paying attention to these support levels and considering broader market trends, you can adapt your trading strategies to the dynamic nature of this market.

S&P BSE 100 INDEX (BSE-100.BO) technical analysis chart

S&P BSE 100 INDEX (BSE-100.BO) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 26557.279 27762.24 -- -- --
Support 22493.07 20689.461 19258.301 -- --
 S&P BSE 100 INDEX (BSE-100.BO) Support and Resistance area (05 Nov)

S&P BSE 100 INDEX (BSE-100.BO) signals list for 05 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

S&P BSE 100 INDEX (BSE-100.BO) candlestick patterns on 05 Nov

Today's S&P BSE 100 INDEX (BSE-100.BO) Candle Patterns List:

Belt-hold

S&P BSE 100 INDEX (BSE-100.BO) technical analysis over the past days

# Date Overal Signals ALL Signals
1 04 Nov Hold HoldHoldHoldHold
2 01 Nov Hold HoldHoldHoldHold
3 31 Oct Sell SellHoldHoldHold
4 30 Oct Hold NeutralHoldHoldHold
5 29 Oct Hold NeutralHoldHoldHold
6 28 Oct Hold HoldHoldHoldHold
7 25 Oct Hold HoldHoldHoldHold
8 24 Oct Hold HoldHoldHoldHold
9 23 Oct Hold HoldHoldHoldHold
10 22 Oct Hold HoldHoldHoldHold
11 21 Oct Hold HoldHoldHoldHold
12 18 Oct Hold HoldHoldHoldHold
13 17 Oct Sell SellHoldHoldHold
14 16 Oct Hold NeutralHoldHoldHold
15 15 Oct Hold HoldHoldHoldHold
16 14 Oct Buy BuyHoldHoldHold
17 11 Oct Hold NeutralHoldHoldHold
18 10 Oct Hold NeutralHoldHoldHold
19 09 Oct Hold HoldHoldHoldHold
20 08 Oct Hold HoldHoldHoldHold
21 07 Oct Hold HoldHoldHoldHold
22 04 Oct Sell HoldHoldSellSell
23 03 Oct Sell HoldSellNeutralNeutral
24 01 Oct Neutral HoldNeutralHoldHold
25 30 Sep Sell SellHoldHoldHold
26 27 Sep Hold HoldHoldHoldHold
27 26 Sep Hold HoldHoldHoldHold
28 25 Sep Hold HoldHoldHoldHold
29 24 Sep Hold HoldHoldHoldHold
30 23 Sep Hold HoldHoldHoldHold

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