Is Nahar Spinning technically bullish or bearish?

Jul 03 2025 08:07 AM IST
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As of July 2, 2025, Nahar Spinning's trend has shifted to bullish, supported by strong weekly MACD and Bollinger Bands, though caution is advised due to a bearish monthly KST and mildly bearish Dow Theory on the weekly chart.
As of 2 July 2025, the technical trend for Nahar Spinning has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the weekly MACD and Bollinger Bands, both signaling bullish momentum. The daily moving averages also support this bullish outlook. However, the monthly KST remains bearish, and the Dow Theory indicates a mildly bearish stance on the weekly chart, suggesting some caution. Overall, the strength of the bullish trend is reinforced by recent price action, with today's high surpassing the previous close.
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