Is Alok Industries technically bullish or bearish?

Jul 18 2025 08:06 AM IST
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As of July 17, 2025, the trend has shifted to mildly bullish, supported by a bullish MACD and daily moving averages, though caution is advised due to mixed monthly indicators showing some bearish tendencies.
As of 17 July 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly chart and bullish signals from the daily moving averages. The Bollinger Bands on the weekly also indicate a bullish trend, while the monthly indicators show mixed signals with bearish tendencies in MACD and KST. The Dow Theory suggests a mildly bullish trend on the monthly timeframe. Overall, the strength of the bullish stance is moderate, with some caution advised due to the bearish signals in the monthly indicators.
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