Is Foseco India technically bullish or bearish?

As of 11 July 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. The weekly MACD is also bullish, supporting the upward momentum. While the monthly MACD and KST are mildly bearish, the overall trend remains positive due to the bullish signals from the daily moving averages and the weekly Bollinger Bands. The stock has shown resilience with a year-to-date return of 19.93%, outperforming the Sensex significantly. However, the recent price action shows a decline from the previous close, which could indicate short-term volatility. Overall, the strength of the bullish stance is supported by multiple indicators, despite some mixed signals on longer time frames.