Is Indo Borax & Ch. technically bullish or bearish?

Nov 08 2025 08:13 AM IST
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As of November 7, 2025, the market trend is bullish with moderate strength, supported by positive daily moving averages and monthly indicators, though caution is advised due to mildly bearish weekly signals.
As of 7 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish signal from the daily moving averages, while the monthly MACD and KST also indicate bullish momentum. The Bollinger Bands and Dow Theory are both mildly bullish on the weekly and monthly time frames, supporting the overall bullish outlook. However, the weekly MACD and KST are mildly bearish, suggesting some caution in the short term. Overall, the strength of the bullish trend is reinforced by strong year-to-date and multi-year returns compared to the Sensex.
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