Is Balkrishna Inds technically bullish or bearish?

Nov 07 2025 08:14 AM IST
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As of November 6, 2025, Balkrishna Industries is in a bearish trend, supported by strong bearish signals from the MACD and moving averages, despite some mildly bullish indicators.
As of 6 November 2025, the technical trend for Balkrishna Inds has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from the weekly and monthly MACD, both showing bearish signals. The daily moving averages also confirm a bearish outlook. Additionally, the KST is bearish on both weekly and monthly time frames. While the Bollinger Bands indicate a mildly bearish trend, the Dow Theory shows a mildly bullish signal on the weekly chart, which is overshadowed by the overall bearish indicators. The OBV is mildly bullish but does not provide enough strength to counter the prevailing bearish sentiment. Overall, the technical stance is bearish with significant strength from multiple indicators.
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