Is Banganga Paper technically bullish or bearish?
As of October 3, 2025, Banganga Paper's trend has shifted to a bearish stance, supported by bearish MACD, moving averages, and Bollinger Bands, despite a mildly bullish weekly RSI.
As of 3 October 2025, the technical trend for Banganga Paper has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and the daily moving averages confirm a bearish trend. The Bollinger Bands are also indicating a bearish sentiment on the weekly timeframe. Although the weekly RSI shows bullish momentum, it is not enough to offset the overall bearish indicators. The Dow Theory reflects a mildly bearish outlook on the weekly chart, further supporting the bearish stance.
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