Is Banganga Paper technically bullish or bearish?

Oct 21 2025 08:23 AM IST
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As of 20 October 2025, the trend is mildly bearish due to bearish momentum from the MACD and KST, despite some bullish signals from the RSI, suggesting a cautious approach as the stock underperforms against the Sensex.
As of 20 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish momentum, while the daily moving averages also reflect a bearish outlook. The weekly RSI shows bullish momentum, but this is countered by the bearish signals from the Bollinger Bands and the Dow Theory indicating a mildly bullish stance on a weekly basis but mildly bearish on a monthly basis. Overall, the mixed signals suggest a cautious approach, with the stock underperforming significantly against the Sensex over various time frames.
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