Is Bajaj Consumer technically bullish or bearish?
As of July 8, 2025, Bajaj Consumer's technical trend is mildly bullish, supported by a bullish weekly MACD and OBV, despite mixed signals from daily moving averages and a bearish weekly RSI.
As of 8 July 2025, the technical trend for Bajaj Consumer has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by several key indicators. The weekly MACD is bullish, supporting the positive momentum, while the weekly Bollinger Bands also indicate bullish conditions. The Dow Theory aligns with this outlook, showing mildly bullish signals on both weekly and monthly time frames. However, the daily moving averages are mildly bearish, which presents a mixed view in the short term. The weekly RSI is bearish, suggesting some caution, but the overall strength from the OBV being bullish helps reinforce the mildly bullish stance.
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