Is Banswara Syntex technically bullish or bearish?

Jul 04 2025 08:06 AM IST
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As of July 3, 2025, Banswara Syntex exhibits a bullish trend supported by strong MACD and Bollinger Bands indicators, despite a cautionary bearish signal from the KST on the monthly chart, with a notable 10.11% return over the past week.
As of 3 July 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Banswara Syntex is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend on both time frames. Daily moving averages are bullish, reinforcing the positive momentum. However, the KST shows a bearish signal on the monthly, which suggests some caution. The Dow Theory indicates a mildly bullish stance on both weekly and monthly charts. Overall, the strength of the bullish trend is supported by recent price action, with the stock showing a notable return of 10.11% over the past week, significantly outperforming the Sensex.
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