Is Bombay Dyeing technically bullish or bearish?

Jul 08 2025 08:11 AM IST
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As of July 7, 2025, Bombay Dyeing's trend has shifted to mildly bearish, with daily moving averages and weekly RSI indicating bearish momentum, despite some mixed signals from other indicators.
As of 7 July 2025, the technical trend for Bombay Dyeing has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly RSI showing bearish momentum. While the weekly MACD and KST are mildly bullish, the overall monthly indicators, including the MACD and Bollinger Bands, suggest bearish conditions. The stock's recent performance also reflects a decline, with a 1-week return of -1.94% compared to a slight drop in the Sensex. Overall, the mixed signals across different time frames indicate a cautious outlook for the stock.
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