Is NGL Fine Chem technically bullish or bearish?

Nov 07 2025 08:13 AM IST
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As of November 6, 2025, the market trend is mildly bullish, supported by weekly MACD and KST indicators, though caution is advised due to bearish monthly Bollinger Bands and KST.
As of 6 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the weekly MACD and KST indicators, which are both bullish. The daily moving averages also indicate a mildly bullish trend. However, the monthly Bollinger Bands and KST are bearish, suggesting some caution. The overall strength is moderate, with the Dow Theory reflecting a mildly bullish stance on both weekly and monthly time frames. Despite recent price declines and underperformance compared to the Sensex, the technical indicators suggest a cautious upward momentum.
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