Is Raj Rayon Inds. technically bullish or bearish?

Jul 14 2025 08:04 AM IST
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As of July 11, 2025, Raj Rayon Inds. shows a mildly bullish trend, supported by positive weekly MACD and Bollinger Bands, despite a mildly bearish monthly KST and unclear Dow Theory signals.
As of 11 July 2025, the technical trend for Raj Rayon Inds. has changed from bullish to mildly bullish. The weekly MACD indicates a bullish stance, while the monthly MACD is mildly bullish. The Bollinger Bands are also showing a mildly bullish trend in both weekly and monthly time frames. Daily moving averages confirm a mildly bullish outlook. However, the KST on a monthly basis is mildly bearish, and there is no clear trend according to Dow Theory on the monthly chart. The overall stance is mildly bullish, supported by strong OBV readings on both weekly and monthly charts, despite recent price declines.
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