Is Foseco India technically bullish or bearish?

Aug 09 2025 08:08 AM IST
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As of August 8, 2025, the trend is mildly bullish, supported by positive MACD and Bollinger Bands signals, but caution is advised due to mixed KST indicators and a recent price decline.
As of 8 August 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by weekly and monthly MACD indicators both showing bullish signals. Bollinger Bands also indicate a mildly bullish trend on both time frames. Daily moving averages confirm a mildly bullish outlook. However, the KST shows a divergence with a bullish weekly signal but a mildly bearish monthly signal, suggesting some caution. Overall, while the indicators lean towards a bullish sentiment, the recent price decline and mixed signals from KST indicate a moderate strength in the bullish stance.
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