Is Bharat Rasayan technically bullish or bearish?
As of July 1, 2025, the trend has shifted to mildly bullish due to positive weekly indicators, though caution is advised due to conflicting daily and monthly signals.
As of 1 July 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and KST indicators both showing mild bullishness, alongside a bullish signal from the Bollinger Bands. The Dow Theory also supports a mildly bullish outlook on the weekly timeframe. However, the daily moving averages indicate a mildly bearish trend, which suggests some caution. Overall, the strength of the bullish signal is tempered by mixed signals in the monthly indicators, particularly the mildly bearish MACD and KST.
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