Is L G Balakrishnan technically bullish or bearish?

Jul 02 2025 08:14 AM IST
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As of July 1, 2025, the technical outlook for L G Balakrishnan is mildly bearish, driven by daily moving averages and weekly Dow Theory, despite a mildly bullish weekly MACD, indicating a cautious near-term perspective.
As of 1 July 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish. Key indicators driving this stance include the daily moving averages which are mildly bearish, and the weekly Dow Theory also indicating a mildly bearish outlook. While the weekly MACD shows a mildly bullish signal, the monthly MACD and KST are both mildly bearish, suggesting a lack of strong upward momentum. The RSI is neutral across both weekly and monthly time frames, indicating no significant buying or selling pressure. Overall, the combination of these indicators suggests a cautious outlook for L G Balakrishnan in the near term.
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