Is Rail Vikas technically bullish or bearish?

Jun 24 2025 08:13 AM IST
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As of June 23, 2025, the market trend is neutral with mixed indicators, showing a shift from mildly bearish to sideways, where weekly signals suggest some upward potential but short-term indicators remain mildly bearish, warranting a cautious approach.
As of 23 June 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating conflicting momentum signals. The Bollinger Bands show a bullish stance on the weekly chart and mildly bullish on the monthly, suggesting some upward potential. However, the daily moving averages are mildly bearish, which could be a concern for short-term traders. The KST is bullish on the weekly but mildly bearish on the monthly, and the OBV is bullish on the monthly, indicating accumulation over time. Overall, the lack of a clear trend in the Dow Theory and the absence of strong signals from the RSI suggest a cautious approach is warranted.
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