Is Arihant Super. technically bullish or bearish?

Jun 24 2025 08:08 AM IST
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As of June 23, 2025, the market trend is mildly bearish, supported by bearish MACD and moving averages, while Bollinger Bands indicate a bullish signal, leading to overall market caution and indecision reflected in the RSI.
As of 23 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart, indicating a lack of momentum for upward movement. The moving averages on the daily timeframe also reflect a mildly bearish outlook. Additionally, the KST and Dow Theory both support a mildly bearish stance on both weekly and monthly timeframes. While Bollinger Bands show a bullish signal on the monthly chart, the overall technical picture remains cautious. The RSI shows no signals on both weekly and monthly charts, suggesting indecision in the market.
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