Is Borosil technically bullish or bearish?

Jul 29 2025 08:13 AM IST
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As of July 28, 2025, Borosil's technical trend has shifted to a bearish stance with moderate strength, driven by bearish signals from MACD, RSI, and Bollinger Bands, despite a mildly bullish KST signal.
As of 28 July 2025, the technical trend for Borosil has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this assessment include a bearish MACD on the weekly chart, a bearish RSI on the weekly chart, and bearish signals from Bollinger Bands across both weekly and monthly time frames. Daily moving averages also confirm a bearish outlook. Although the KST shows a mildly bullish signal on the weekly, it is outweighed by the overall bearish indicators. The Dow Theory presents a mixed view with a mildly bearish weekly stance and a mildly bullish monthly stance, but the prevailing trend remains bearish.
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