Is Balaji Amines technically bullish or bearish?

Nov 05 2025 08:30 AM IST
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As of November 4, 2025, Balaji Amines is in a bearish trend with moderate strength, driven by bearish indicators across multiple time frames, despite some bullish momentum in the weekly RSI.
As of 4 November 2025, the technical trend for Balaji Amines has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this assessment include the bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST is also bearish on both weekly and monthly levels. Although the weekly RSI shows bullish momentum, it is overshadowed by the overall bearish signals from other indicators. The Dow Theory indicates a mildly bullish stance on the weekly but is mildly bearish on the monthly, adding to the mixed signals. Overall, the bearish trend is predominant.
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