Is Karnika Industri technically bullish or bearish?

Oct 08 2025 08:12 AM IST
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As of October 7, 2025, Karnika Industri's trend has shifted to bullish, with a current price of 177.95, a year-to-date return of 137.27%, and a one-year return of 240.25%, indicating strong performance compared to the Sensex.
As of 7 October 2025, the technical trend for Karnika Industri has changed from mildly bullish to bullish. The current stance is bullish, supported by a significant price increase from the previous close of 168.25 to the current price of 177.95. The stock has shown strong performance year-to-date with a return of 137.27%, significantly outperforming the Sensex at 6.19%. Additionally, the stock's one-year return of 240.25% further reinforces the bullish sentiment. While specific MACD, RSI, and other technical indicators are not provided, the overall trend and price action suggest a strong bullish outlook.
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