Is Balaji Telefilms technically bullish or bearish?

Nov 19 2025 08:13 AM IST
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As of November 18, 2025, the trend has shifted to bullish with moderate strength, supported by positive monthly MACD and Bollinger Bands, although caution is advised due to mildly bearish weekly indicators.
As of 18 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include the bullish signals from the monthly MACD and Bollinger Bands, along with a bullish daily moving average. However, the weekly MACD and KST are mildly bearish, suggesting some caution in the short term. Overall, the strong performance in returns compared to the Sensex further supports the bullish outlook.
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Our weekly and monthly stock recommendations are here
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