Is Balrampur Chini technically bullish or bearish?

Oct 03 2025 08:19 AM IST
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As of October 1, 2025, Balrampur Chini's technical trend is neutral with mixed signals, showing a sideways movement influenced by bearish weekly MACD and Bollinger Bands, despite a bullish weekly RSI and mildly bullish daily moving averages.
As of 1 October 2025, the technical trend for Balrampur Chini has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different indicators. The weekly MACD remains bearish, while the weekly RSI is bullish, indicating some strength in momentum. However, the Bollinger Bands and KST are both mildly bearish on the weekly timeframe, suggesting potential resistance. Daily moving averages are mildly bullish, but the overall lack of a clear trend in both the weekly and monthly Dow Theory further supports a neutral outlook. The stock has underperformed against the Sensex in the short and medium term, which adds to the cautious sentiment.
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