Is Foseco India technically bullish or bearish?
As of August 12, 2025, Foseco India shows a bullish trend supported by strong indicators like bullish MACD and moving averages, despite a mildly bearish KST signal on the monthly chart.
As of 12 August 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Foseco India is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the moving averages are also bullish on the daily chart. The Bollinger Bands indicate a bullish stance on the weekly and a mildly bullish stance on the monthly. Additionally, Dow Theory confirms a bullish trend on both weekly and monthly time frames. However, the KST shows a mildly bearish signal on the monthly, which slightly tempers the overall bullish outlook. Overall, the strength of the bullish stance is reinforced by the positive price movement, with today's high reaching 4900.00, above the previous close of 4746.95.
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