Is Foseco India technically bullish or bearish?

Jul 13 2025 08:03 AM IST
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As of July 11, 2025, the technical trend is bullish with moderate strength, supported by a bullish MACD and moving averages, though caution is advised due to mildly bearish monthly indicators.
As of 11 July 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly chart, bullish moving averages on the daily chart, and mildly bullish readings from Bollinger Bands and OBV on both weekly and monthly time frames. However, the monthly MACD and KST are mildly bearish, indicating some caution. Overall, the bullish trend is supported by strong performance relative to the Sensex over multiple time frames, particularly year-to-date and over three to five years.
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