Is Balrampur Chini technically bullish or bearish?
As of September 19, 2025, Balrampur Chini's trend is mildly bearish, supported by bearish signals from MACD, Bollinger Bands, and KST, despite a mildly bullish daily moving average.
As of 19 September 2025, the technical trend for Balrampur Chini has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly and mildly bearish on the monthly time frames, while Bollinger Bands and KST also indicate bearish conditions on both weekly and monthly charts. The Dow Theory supports this with a mildly bearish outlook on both time frames. Although the daily moving averages show a mildly bullish signal, the overall trend remains bearish due to the stronger bearish signals from other indicators. The stock has underperformed against the Sensex over multiple periods, further reinforcing the bearish sentiment.
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