Is Graphite India technically bullish or bearish?

Jul 10 2025 08:04 AM IST
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As of July 9, 2025, the trend is mildly bullish with mixed signals from various indicators, suggesting a cautious approach despite some positive momentum.
As of 9 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum. However, the weekly MACD remains bullish while the monthly MACD is mildly bearish, suggesting mixed signals across different time frames. The weekly RSI is bearish, which adds caution to the overall outlook. Bollinger Bands are mildly bullish on both weekly and monthly charts, indicating potential upward movement. The KST shows bullishness on the weekly but is mildly bearish monthly, and the Dow Theory indicates a mildly bullish stance on the weekly with no trend monthly. Overall, while there are some positive indicators, the mixed signals suggest a cautious approach.
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