Is Bikaji Foods technically bullish or bearish?

Sep 17 2025 08:07 AM IST
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As of 16 September 2025, Bikaji Foods shows a mildly bullish trend due to a bullish weekly MACD and moving averages, despite mixed signals from the monthly MACD and OBV, indicating moderate bullish sentiment overall.
As of 16 September 2025, the technical trend for Bikaji Foods has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the weekly MACD being bullish and the daily moving averages also indicating a bullish trend. However, the monthly MACD is mildly bearish, and both the weekly and monthly OBV show a mildly bearish signal, which tempers the overall bullish outlook. The Bollinger Bands are bullish on both weekly and monthly time frames, providing additional support for the mildly bullish stance. The Dow Theory presents a mixed view with weekly mildly bearish and monthly mildly bullish signals. Overall, the strength of the bullish sentiment is moderate, influenced by the mixed indicators across different time frames.
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