Is Graphite India technically bullish or bearish?

Nov 11 2025 08:13 AM IST
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As of November 10, 2025, the trend is mildly bullish due to positive weekly MACD and daily moving averages, but mixed signals from weekly Bollinger Bands and Dow Theory suggest caution.
As of 10 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD being bullish and the daily moving averages indicating a mildly bullish trend. However, the weekly Bollinger Bands are bearish, and the Dow Theory presents a mildly bearish outlook on the weekly timeframe, which tempers the overall bullish sentiment. The RSI shows no signal on both weekly and monthly timeframes, indicating a lack of momentum confirmation. Overall, while there are bullish indicators, the mixed signals suggest caution.
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