Is GHCL Textiles technically bullish or bearish?

Oct 21 2025 08:24 AM IST
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As of 20 October 2025, GHCL Textiles shows a mildly bearish trend with mixed signals: while the MACD is bearish and daily moving averages support a negative sentiment, the RSI indicates some bullish momentum, suggesting a cautious outlook.
As of 20 October 2025, the technical trend for GHCL Textiles has changed from bearish to mildly bearish. The current stance is mildly bearish with key indicators supporting this view. The MACD on a weekly basis remains bearish, while the RSI is bullish, indicating some strength in momentum. However, the Bollinger Bands and moving averages on a daily basis are bearish, reinforcing the overall negative sentiment. Dow Theory shows a mildly bullish signal on the weekly chart, but this is overshadowed by the bearish signals from other indicators. Overall, the mixed signals suggest a cautious outlook with a slight bearish bias.
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