Is Borosil Renew. technically bullish or bearish?

Jul 16 2025 08:06 AM IST
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As of July 15, 2025, Borosil Renew's trend has shifted to bullish with moderate strength, supported by bullish MACD and moving averages, despite a bearish weekly RSI indicating short-term weakness.
As of 15 July 2025, the technical trend for Borosil Renew has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on both weekly and monthly time frames, bullish moving averages on the daily chart, and a bullish signal from Bollinger Bands on the monthly. However, the weekly RSI is bearish, indicating some short-term weakness. The Dow Theory shows a mildly bullish trend on the monthly, while the KST is bullish weekly but mildly bearish monthly. Overall, the bullish trend is supported by the recent price movement, with today's high reaching 568.00, above the previous close of 548.00.
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