Is Bikaji Foods technically bullish or bearish?

Sep 30 2025 08:21 AM IST
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As of 29 September 2025, Bikaji Foods exhibits a neutral market condition with mixed technical indicators, showing mildly bearish trends on MACD, Bollinger Bands, and Dow Theory, while daily moving averages are mildly bullish.
As of 29 September 2025, the technical trend for Bikaji Foods has changed from mildly bullish to sideways. The current stance is neutral, with key indicators showing mixed signals. The MACD is mildly bearish on both the weekly and monthly time frames, while the Bollinger Bands indicate a bearish trend on the weekly and sideways on the monthly. The daily moving averages are mildly bullish, but the KST is only mildly bullish on the weekly. Dow Theory shows a mildly bearish stance on the weekly, and the OBV is mildly bearish on the monthly. Overall, the lack of strong bullish signals and the presence of bearish indicators suggest a neutral market condition for Bikaji Foods.
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