Is Kothari Petroche technically bullish or bearish?

Jun 22 2025 08:03 AM IST
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As of June 20, 2025, Kothari Petrochemicals shows a mildly bullish trend based on weekly indicators and Dow Theory, despite some mixed signals from monthly and daily timeframes.
As of 20 June 2025, the technical trend for Kothari Petroche has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, supported by the Bollinger Bands which are also showing a mildly bullish signal on the weekly timeframe. The Dow Theory confirms this with a mildly bullish outlook on both weekly and monthly charts. However, the monthly MACD and KST are mildly bearish, indicating some caution. The daily moving averages are mildly bearish, suggesting short-term weakness. Overall, the current technical stance is mildly bullish, driven primarily by the weekly indicators and Dow Theory, despite some mixed signals from other timeframes.
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