Is Prem. Explosives technically bullish or bearish?

Jul 03 2025 08:07 AM IST
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As of July 2, 2025, the technical trend is bullish with strong daily and weekly indicators, although caution is advised due to mildly bearish monthly signals.
As of 2 July 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages confirm a bullish trend. Additionally, the KST on a weekly basis is also bullish, reinforcing the positive momentum. The Bollinger Bands indicate a mildly bullish stance on both weekly and monthly time frames. However, the monthly MACD and KST are mildly bearish, suggesting some caution may be warranted in the longer term. Overall, the strength of the bullish indicators on the daily and weekly charts outweighs the mild bearish signals from the monthly indicators.
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