Is Nitin Spinners technically bullish or bearish?

Jul 10 2025 08:05 AM IST
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As of July 9, 2025, Nitin Spinners shows a mildly bullish trend based on weekly indicators, though caution is advised due to mixed signals from monthly metrics and Dow Theory.
As of 9 July 2025, the technical trend for Nitin Spinners has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and Bollinger Bands indicating bullish signals, alongside daily moving averages also showing bullishness. However, the monthly MACD and KST are mildly bearish, suggesting some caution. The overall strength is moderate, with the weekly OBV showing mild bullishness, but the Dow Theory indicates a mildly bearish stance on the weekly timeframe.
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