Is Karnika Industri technically bullish or bearish?
As of July 24, 2025, Karnika Industri's technical trend is bullish with moderate strength, supported by daily moving averages and monthly Bollinger Bands, though caution is advised due to mildly bearish weekly MACD and KST indicators.
As of 24 July 2025, the technical trend for Karnika Industri has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this stance include the daily moving averages showing bullish momentum, and the monthly Bollinger Bands indicating a bullish trend. However, the weekly MACD and KST are mildly bearish, suggesting some caution in the short term. The Dow Theory supports a bullish outlook on the monthly timeframe, and the overall performance relative to the Sensex demonstrates strong returns over various periods, particularly year-to-date and year-on-year.
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