Is Black Rose Indus technically bullish or bearish?

Jun 22 2025 08:03 AM IST
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As of June 20, 2025, Black Rose Indus has shifted to a bearish trend with moderate strength, driven by daily moving averages, monthly MACD, and Bollinger Bands indicating negative momentum.
As of 20 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the daily moving averages indicating a bearish trend, the monthly MACD showing bearish momentum, and the Bollinger Bands reflecting a bearish condition on the monthly timeframe. Additionally, the Dow Theory indicates a mildly bearish sentiment on the weekly timeframe. Overall, the combination of these factors suggests a negative outlook for Black Rose Indus in the near term.
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