Video summary

BSE Share Price: BSE Limited में 3% की गिरावट, शेयर में और कितना Correction आएगा? | ET Now Swadesh

Main summary

Key takeaways

Finance

Key Finance-Specific Takeaways (from the subtitles)

1) BSE Limited (BSE) — price trend, correction risk, shorting levels

Context / Price Action

  • Open interest (OI) change (BSE): ~+1.5%
  • Price movement: BSE down ~2.5%, trading below ₹3200
  • Trend: Multi-month downtrend from about ₹4400 → ~₹3200 over ~4 months
  • Rebound attempt: Low around ₹3100 didn’t hold; price moved up toward ~₹3400 but faced profit-taking again

Framework / Levels Mentioned

  • If ₹3100 is not sustained, expect profit-taking to extend.
  • First support / trigger zone (stop/trigger): ~₹2900–₹2950
  • If that zone fails, there’s potential for even lower levels.

Recommendation (Tactical)

  • Shorting right now is described as risky (“wait for confirmation”).
  • Below ₹3100, a shorting opportunity may emerge.
  • Stop loss: ~₹3200 + ~₹30 (stated as 3200 30)
  • Targets: ~₹2900–₹2950

2) Oracle Financial (Oracle) — debt concerns; profit-taking bias

Driver Cited

  • Decline attributed to concerns about the parent company’s debt
    • Parent: Oracle (US-listed)
  • These concerns are said to be impacting its Indian subsidiary

Move / Positioning

  • Stock down: ~6.5%
  • Open interest up: ~6.5%

Market Structure / Technical Context

  • Even though the broader IT pack underperformed, this stock had retested a record high recently.
  • Over the last 3 weeks, there’s slight profit-taking bias, continuing today.

Levels Mentioned

  • Upside resistance / profit-taking area: ~₹10,700
  • 100 EMA is referenced near 10,700

Action Guidance

  • For now, no strong short view (“Short will not have an opinion”).
  • If already holding, book profit.
  • If it breaks below ~₹10,700, a shorting opportunity may appear.

3) CDSL — consolidation range; breakout-based trade idea

Observation

  • In CDSL, the market is seeing long unwinding pressure.

View

  • Shifted expectation toward consolidation.

Range / Levels

  • Expected trading range: ~₹1380 to ₹1450

Strategy Mentioned

  • Look for a trade on the side that breaks the range (breakout confirmation approach).
  • While the subtitle mentions “CDSL shorting,” the speaker clarifies the dominant idea is consolidation + breakout-based execution.

Instruments / Tickers Mentioned

  • BSE Limited (referred to as BSE)
  • CDSL
  • Oracle Financial / Oracle
    • Note: the US-listed parent is referenced as the source of debt concerns

Step-by-Step / Methodology Elements Explicitly Suggested

BSE shorting setup

  • Watch whether ₹3100 holds
  • If below ₹3100 → consider short
  • Stop loss: around ₹3200–₹3230
  • Targets: ₹2900–₹2950

Oracle profit-taking / shorting bias

  • Treat ~₹10,700 (100 EMA area) as a key level
  • Book profit if holding
  • If it breaks below ~₹10,700 → potential shorting opportunity

CDSL range-based approach

  • Identify consolidation in ₹1380–₹1450
  • Trade after a breakout on the confirming side (“opportunity on the side which breaks”)

Disclosures / Disclaimers

  • The subtitles do not mention any explicit “not financial advice” or formal disclaimer.

Presenters / Sources Mentioned

  • Ajit Rai
  • Abhishek (second speaker; name referenced in the discussion)
  • ET Now Swadesh (program/source shown in the title)

Original video