Is Foseco India technically bullish or bearish?

Aug 11 2025 08:05 AM IST
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As of August 8, 2025, Foseco India exhibits a mildly bullish trend, supported by bullish weekly and monthly MACD, while the KST presents mixed signals and the RSI shows no momentum.
As of 8 August 2025, the technical trend for Foseco India has changed from bullish to mildly bullish. The weekly MACD remains bullish, supporting a positive outlook, while the monthly MACD is also bullish. The Bollinger Bands indicate a mildly bullish stance on both weekly and monthly time frames. Daily moving averages are mildly bullish, reinforcing the overall positive sentiment. However, the KST shows a mixed signal with a bullish weekly reading but a mildly bearish monthly reading. Dow Theory confirms a bullish stance on both weekly and monthly levels. The RSI shows no signals, indicating a lack of momentum in either direction. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and Dow Theory indicators.
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