Is Manali Petrochem technically bullish or bearish?

Jul 07 2025 08:04 AM IST
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As of July 4, 2025, Manali Petrochem's technical trend is mildly bullish, supported by bullish weekly MACD, KST, and Bollinger Bands, although caution is advised due to bearish monthly indicators and mildly bearish daily moving averages.
As of 4 July 2025, the technical trend for Manali Petrochem has changed from mildly bearish to mildly bullish. The weekly MACD and KST are bullish, supporting a positive outlook, while the monthly MACD and KST remain bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting upward momentum. However, the daily moving averages are mildly bearish, which could temper immediate bullish sentiment. The Dow Theory indicates a mildly bullish stance on both weekly and monthly levels. Overall, the current technical stance is mildly bullish, driven primarily by the bullish signals from the weekly MACD, KST, and Bollinger Bands.
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