Is Graphite India technically bullish or bearish?

Aug 02 2025 08:01 AM IST
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As of August 1, 2025, Graphite India shows a mildly bullish trend with positive indicators like a bullish MACD and moving averages, but mixed signals from Bollinger Bands and Dow Theory suggest caution.
As of 1 August 2025, the technical trend for Graphite India has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on both weekly and monthly time frames, and mildly bullish moving averages on the daily chart. However, the Bollinger Bands indicate a bearish monthly outlook, and the Dow Theory shows a mildly bearish signal on the weekly chart. The RSI shows no signal on both weekly and monthly time frames, and the KST is bullish weekly but mildly bearish monthly. Overall, while there are positive indicators, the mixed signals suggest caution in the mildly bullish stance.
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