Is Ambika Cotton technically bullish or bearish?

Aug 21 2025 08:07 AM IST
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As of August 20, 2025, Ambika Cotton's trend has shifted to mildly bearish, indicated by bearish MACD signals and Bollinger Bands on the weekly chart, despite some short-term bullishness from daily moving averages.
As of 20 August 2025, the technical trend for Ambika Cotton has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by bearish signals from the MACD on both weekly and monthly time frames, alongside a mildly bearish indication from the Bollinger Bands on the weekly chart. The KST and OBV also reflect a mildly bearish trend on the weekly, while the moving averages show a mildly bullish signal on the daily time frame, indicating some short-term strength. Overall, the bearish indicators dominate, suggesting caution in the current market environment.
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