Is Bodal Chemicals technically bullish or bearish?

Oct 07 2025 08:13 AM IST
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As of October 6, 2025, Bodal Chemicals has shifted to a bearish technical stance, supported by bearish MACD, Bollinger Bands, and moving averages, despite a conflicting bullish RSI on the weekly chart.
As of 6 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Bodal Chemicals is bearish with moderate strength. Key indicators driving this stance include a bearish MACD on the weekly chart, bearish signals from Bollinger Bands and KST on both weekly and monthly time frames, and bearish moving averages on the daily chart. The RSI shows a bullish signal on the weekly but lacks confirmation from the monthly perspective. Overall, the combination of these indicators suggests a prevailing bearish sentiment in the market.
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