Is BASF India technically bullish or bearish?

Jul 10 2025 08:04 AM IST
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As of July 9, 2025, BASF India's technical trend is neutral with mixed signals, showing a mildly bullish weekly MACD and bearish monthly MACD, while indicators like Bollinger Bands suggest upward potential but daily moving averages indicate short-term weakness.
As of 9 July 2025, the technical trend for BASF India has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating conflicting momentum. The Bollinger Bands show a mildly bullish trend on both weekly and monthly time frames, suggesting some upward potential. However, the daily moving averages are mildly bearish, which could indicate short-term weakness. The KST is bullish on the weekly but bearish on the monthly, and the Dow Theory shows no clear trend in both time frames. The On-Balance Volume (OBV) is bullish for both weekly and monthly, indicating accumulation. Overall, the strength of the current stance is weak, reflecting uncertainty in the market direction.
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