BSE Share Price | Buy BSE shares, you will get huge profits, you will earn money quickly – Hindi News
BSE Share Price | Wednesday turned out to be a profitable day for BSE Limited share price. The BSE stock rallied over 15 per cent on Wednesday, September 18. With this, the stock reached a 52-week high of Rs 3,945. At the close of trading, the company's stock closed at Rs 3,844, up 15.31 per cent. The stock has gained nearly 32% in the last four days. It has gained 80 per cent in the last two months. However, according to technical analysts, after such a rally, the stock is now in the 'overbought' zone. (BSE Limited Company Excerpt)
According to the technical chart, the Relative Strength Index of BSE stocks has now reached 80, which indicates that the stock is in the overbought zone. In other words, after the rally, it may now see a correction or profit. According to Jigar Patel of Anand Rathi, the stock is likely to go up to Rs 3,350 or Rs 3,300 level, although the stock is currently bullish.
What is the connection with NSE's IPO?
With the much-awaited NSE IPO coming up, investors are also eyeing BSE shares. After this IPO, NSE will have to be listed on BSE, which is likely to benefit BSE as well. BSE shares are also listed on NSE.
Will there be an uptick?
Experts have advised to play a wait and watch role instead of buying in the current situation. They have advised investors to be cautious in view of the possibility of overweight and correction after the rally.
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