Is Bhatia Colour technically bullish or bearish?

Nov 09 2025 08:12 AM IST
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As of November 7, 2025, Bhatia Colour's trend is mildly bullish, supported by bullish MACD and moving averages, but tempered by a lack of strong signals from RSI and Dow Theory, indicating market indecision.
As of 7 November 2025, the technical trend for Bhatia Colour has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on both weekly and monthly time frames, and bullish moving averages on the daily chart. Bollinger Bands also indicate a mildly bullish position on both weekly and monthly time frames. However, the RSI shows no signal, and Dow Theory indicates no trend on both weekly and monthly charts, suggesting some indecision in the market. Overall, while the indicators lean towards a bullish sentiment, the lack of strong signals from RSI and Dow Theory tempers the strength of this bullish outlook.
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