Is Banganga Paper technically bullish or bearish?
As of July 21, 2025, Banganga Paper's trend has shifted to mildly bearish, indicated by a bearish MACD, RSI, and Bollinger Bands, despite some short-term support from daily moving averages.
As of 21 July 2025, the technical trend for Banganga Paper has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating a bearish trend and the RSI showing a bearish signal on the monthly timeframe. The Bollinger Bands are also bearish on the weekly chart, while the daily moving averages remain mildly bullish, suggesting some short-term support. Overall, the lack of a clear trend in Dow Theory and the mixed signals from the KST and OBV further reinforce the mildly bearish outlook.
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