BSE trade ideas
BSEThe #BSE is planning to reintroduce its #Sensex -30 #derivatives and is in the process of collecting feedback from members, the MD and CEO of the premier bourse, Sundararaman Ramamurthy, said on Friday.
The Sensex-30 derivatives products ( #options and #futures ), which were launched in 2000, had failed to generate much interest among investors compared to the rival exchange's Nifty-50 derivatives.
"We are trying to reintroduce Sensex-30 derivatives, and have started the consultation process by taking the feedback of market participants," Ramamurthy said at an Assocham-organised event here.
BSE LTD BULLISHBSE LTD is looking strong for upward journey. Price is taking support of 50 EMA in weekly time frame. Price is above 50, 100 and 200 EMA in daily time frame. There is trendline breakout with upper bollinger band challenged with high volume.
Weekly MACD uptick near zero line.
Daily MACD positive crossover near zero line.
Daily RSI is in momentum.
BSE Ltd LOOKING GOOD The BSE LTD chart is looking good.There were a chart pattern in forming ( Inverted head and shoulder). IF It's cross the neckline then it's a good swing trade.
Buy It on 771-772.
The target is 815.
Also you should analyse it at your own if you think it is a good to buy the buy it.