Is Graphite India technically bullish or bearish?

Oct 09 2025 08:09 AM IST
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As of October 8, 2025, Graphite India shows a bullish trend supported by strong MACD and Bollinger Bands indicators, although caution is advised due to a mildly bearish KST signal on the weekly and monthly charts.
As of 8 October 2025, the technical trend for Graphite India has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate bullish momentum on both time frames. Daily moving averages are bullish, reinforcing the positive trend. However, the KST shows a mildly bearish signal on the weekly and bearish on the monthly, which introduces some caution. Dow Theory reflects a mildly bullish stance on both weekly and monthly charts. Overall, the strength of the bullish trend is supported by the positive performance in the last week and month, significantly outperforming the Sensex.
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