BLS Infotech Share Price Target 2025: Bearish Charts Hint at Limited Upside?
BLS Infotech (BSE: 531175) is trading around ₹1.37, and technical indicators are flashing an overwhelmingly bearish “Strong Sell” bias. With all major moving averages and oscillators pointing down, the stock must reclaim ₹1.44–₹1.47 quickly—otherwise, downside toward ₹1.20–₹1.25 looks likely. If an unexpected reversal plays out, a stretch target of ₹1.60 by late 2025 may be possible.
1. Today’s Technical Snapshot
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Price: ₹1.37 (–3.5% today)
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Moving Averages: 0 Buy vs. 12 Sell across SMA(5–200) and EMAs
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Oscillators:
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RSI(14): ~22 (deeply oversold)
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Stochastic %K: ~22 (Sell)
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MACD: –0.29 (Sell)
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ADX: ~61 (strong downtrend)
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Overall Technicals: “Strong Sell” on daily, weekly, and monthly timeframes
2. Support & Resistance Levels
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Key Resistance: ₹1.44–₹1.47 — pivot point across classic/fib levels
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Immediate Support: ₹1.30 – recent low
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Next Support: ₹1.20–₹1.25 zone, a break could deepen the decline
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Reversal Zone: breach above ₹1.47 would be first technical bright spot
3. Share Price Target Outlook for 2025
| Scenario | Target (₹) | Conditions |
|---|---|---|
| Bear case | ₹1.20–₹1.25 | Price slips below ₹1.30 support |
| Neutral base | ₹1.44–₹1.47 | Consolidation around pivot levels |
| Bull case | ₹1.60 | Requires recovery above ₹1.47 with volume |
4. Risks & Technical Cautions
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Extreme Sell Signal: All key technical metrics firmly bearish
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Support Breakdown Risk: A drop below ₹1.30 could fast‑track downside toward ₹1.20
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Oversold Bounce Not Confirmed: RSI may trigger short-term bounce, but without moving average support it’s unreliable
5. Suggested Tactical Strategy
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Avoid fresh buying until price breaks and holds above ₹1.47
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For spec traders: consider shorting or risk-defined long at ₹1.40–₹1.45 with stop at ₹1.50
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Targets: ₹1.47 pivot → ₹1.60 stretch
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Watch volume + MACD/RSI for any reversal clues
