Is Balkrishna Inds technically bullish or bearish?
As of November 4, 2025, Balkrishna Inds shows a mildly bearish trend due to bearish MACD readings and Bollinger Bands, although some underlying strength is indicated by Dow Theory and On-Balance Volume.
As of 4 November 2025, the technical trend for Balkrishna Inds has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly and monthly MACD readings, both indicating bearish momentum. The Bollinger Bands also reflect a mildly bearish outlook on both time frames. Daily moving averages confirm a mildly bearish trend as well. However, there are some mildly bullish signals from the Dow Theory and On-Balance Volume (OBV) on the weekly and monthly charts, suggesting some underlying strength. Overall, the bearish indicators outweigh the bullish ones, leading to a mildly bearish stance.
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