Is Chamanlal Setia technically bullish or bearish?

Jun 23 2025 08:04 AM IST
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As of June 20, 2025, the trend has shifted to bullish with moderate strength, supported by bullish indicators across multiple timeframes, although 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 moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish moving averages on the daily timeframe, and a bullish KST on both weekly and monthly timeframes. Additionally, the Dow Theory indicates a mildly bullish trend on both weekly and monthly charts. However, the monthly MACD remains mildly bearish, which suggests some caution. Overall, the bullish sentiment is supported by the recent price action and the longer-term performance metrics, despite short-term fluctuations.
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