Is Balkrishna Inds technically bullish or bearish?
As of November 4, 2025, the market trend is mildly bearish, supported by bearish MACD and Bollinger Bands, while some bullish signals from Dow Theory and On-Balance Volume suggest underlying strength.
As of 4 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish with key indicators supporting this view. The MACD is bearish on both weekly and monthly time frames, while the Bollinger Bands also indicate a mildly bearish trend. The moving averages on a daily basis reflect a mildly bearish sentiment. However, the Dow Theory shows a mildly bullish signal on the weekly chart, and the On-Balance Volume (OBV) is mildly bullish on both weekly and monthly time frames, suggesting some underlying strength. Overall, the bearish indicators outweigh the bullish signals, leading to a mildly bearish outlook.
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