Is Bhatia Colour technically bullish or bearish?

Nov 11 2025 08:19 AM IST
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As of November 10, 2025, the market trend is bullish, supported by strong MACD and KST indicators, bullish daily moving averages, and significant long-term returns, despite a mildly bearish weekly Dow Theory signal.
As of 10 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both weekly and monthly time frames, and the KST also shows bullish signals in both time frames. Daily moving averages are bullish, reinforcing the positive outlook. While the Bollinger Bands are mildly bullish on both weekly and monthly charts, the Dow Theory indicates a mildly bearish stance on the weekly chart but remains bullish on the monthly. Overall, the strength of the bullish trend is supported by the strong performance in the longer-term returns, particularly the 1Y and 3Y returns, which significantly outperform the Sensex.
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Our weekly and monthly stock recommendations are here
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