Is Rail Vikas technically bullish or bearish?

Jul 02 2025 08:18 AM IST
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As of July 1, 2025, the market trend is mildly bearish due to daily moving averages and monthly MACD signals, despite some mildly bullish indicators on the weekly timeframe, suggesting a cautious outlook with limited upward potential.
As of 1 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the monthly MACD showing a mildly bearish signal. While the weekly MACD and KST are mildly bullish, they are overshadowed by the overall bearish indicators in the daily timeframe. The Bollinger Bands are bullish on the weekly but only mildly bullish on the monthly, suggesting limited upward potential. The lack of clear trends in the Dow Theory and the absence of signals in the RSI and OBV further support a cautious outlook.
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