Is BEML Ltd technically bullish or bearish?

Jul 06 2025 08:03 AM IST
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As of July 4, 2025, BEML Ltd's trend has shifted to bullish, supported by strong weekly MACD and Bollinger Bands signals, although caution is advised due to mildly bearish monthly indicators.
As of 4 July 2025, the technical trend for BEML Ltd has changed from mildly bullish to bullish. The current stance is bullish with a strong signal from the weekly MACD and Bollinger Bands, both indicating bullish momentum. Daily moving averages also support this bullish outlook. However, the monthly MACD and KST are mildly bearish, suggesting some caution. Overall, the strength of the bullish trend is reinforced by the recent price action, with today's high surpassing the previous close, indicating positive momentum.
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