Is Chamanlal Setia technically bullish or bearish?

Jun 22 2025 08:04 AM IST
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As of June 20, 2025, the trend is bullish with strong daily indicators, though caution is advised due to a mildly bearish monthly MACD.
As of 20 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the daily moving averages, which are bullish. The weekly MACD and KST are also bullish, supporting the positive outlook. However, the monthly MACD remains mildly bearish, indicating some caution in the longer term. The Bollinger Bands and Dow Theory are mildly bullish on both weekly and monthly time frames, suggesting a generally positive trend. Overall, the strength of the bullish stance is reinforced by the daily indicators, despite some mixed signals from the monthly data.
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