Is Bodal Chemicals technically bullish or bearish?

Jul 05 2025 08:05 AM IST
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As of July 4, 2025, Bodal Chemicals shows a bullish trend supported by strong MACD, Bollinger Bands, and moving averages, despite some short-term weakness indicated by a bearish weekly RSI.
As of 4 July 2025, the technical trend for Bodal Chemicals has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly time frames, and bullish moving averages on the daily chart. However, the weekly RSI is bearish, indicating some short-term weakness. Overall, the combination of bullish signals from MACD, Bollinger Bands, and moving averages supports the bullish outlook despite some mixed signals from other indicators.
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