Is Bombay Dyeing technically bullish or bearish?

Jul 20 2025 08:05 AM IST
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As of July 18, 2025, Bombay Dyeing's technical trend is neutral with mixed indicators, showing a shift from mildly bearish to sideways, supported by bullish OBV readings but caution advised due to bearish RSI and moving averages.
As of 18 July 2025, the technical trend for Bombay Dyeing has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish. The weekly RSI is bearish, and the Bollinger Bands indicate a bullish stance on the weekly but mildly bearish on the monthly. Daily moving averages are mildly bearish, and the KST shows a bullish signal on the weekly but mildly bearish on the monthly. Dow Theory indicates no trend on the weekly and mildly bullish on the monthly. Overall, the strength of the neutral stance is supported by the bullish OBV readings on both weekly and monthly time frames, but the bearish signals from the RSI and moving averages suggest caution.
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