Is Balaji Amines technically bullish or bearish?

Nov 09 2025 08:09 AM IST
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As of November 7, 2025, the technical trend is predominantly bearish, driven by bearish MACD, Bollinger Bands, and KST signals, despite some bullish momentum in the weekly RSI.
As of 7 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include a bearish MACD on the weekly chart, bearish signals from Bollinger Bands and KST on both weekly and monthly time frames, and bearish moving averages on the daily chart. Although the weekly RSI shows bullish momentum, it is overshadowed by the overall bearish trend in other indicators. Additionally, the Dow Theory suggests a mildly bullish stance on the weekly but remains mildly bearish on the monthly, indicating mixed signals. Overall, the bearish trend is predominant.
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