Is Foseco India technically bullish or bearish?

Jul 31 2025 08:00 AM IST
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As of July 30, 2025, the trend is bullish with strong momentum from MACD and Bollinger Bands, despite some bearish signals from RSI and mixed KST readings, indicating overall bullish price action outperforming the Sensex.
As of 30 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong momentum indicated by the weekly and monthly MACD being bullish, and Bollinger Bands also signaling bullish conditions. Daily moving averages support this bullish outlook. However, the weekly and monthly RSI readings are bearish, suggesting some weakness in momentum. The KST is bullish on a weekly basis but mildly bearish monthly, indicating mixed signals. Overall, while there are some bearish indicators, the prevailing trend is bullish, supported by strong price action and returns outperforming the Sensex across multiple time frames.
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