Is Emami Paper technically bullish or bearish?

Jul 09 2025 08:06 AM IST
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As of July 8, 2025, Emami Paper's technical trend is sideways with mixed indicators, showing mildly bullish signals on the weekly MACD and Bollinger Bands, while the monthly indicators remain bearish, indicating a lack of clear direction.
As of 8 July 2025, the technical trend for Emami Paper has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing this view. The weekly MACD is mildly bullish, while the monthly MACD remains bearish. The Bollinger Bands show a mildly bullish signal on the weekly chart but are mildly bearish on the monthly. Moving averages indicate a mildly bearish sentiment on the daily timeframe. The KST is bullish weekly but bearish monthly, and Dow Theory supports a mildly bullish stance on both weekly and monthly charts. Overall, the strength of the indicators suggests a lack of clear direction, reinforcing the sideways trend.
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