Is BEML Ltd technically bullish or bearish?

Jun 14 2025 08:04 AM IST
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As of June 13, 2025, BEML Ltd's technical trend is mildly bullish, supported by the weekly MACD and Bollinger Bands, despite some caution from the monthly indicators and short-term weakness in daily moving averages.
As of 13 June 2025, the technical trend for BEML Ltd has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the mildly bullish stance, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are showing a mildly bullish trend on the weekly and bullish on the monthly, which adds to the positive outlook. The Dow Theory also aligns with a mildly bullish stance on both weekly and monthly time frames. However, the daily moving averages are mildly bearish, suggesting short-term weakness. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from the monthly indicators.
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