Is Raj Rayon Inds. technically bullish or bearish?

Jul 16 2025 08:07 AM IST
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As of July 15, 2025, Raj Rayon Inds. shows a mildly bullish trend, supported by bullish MACD and Bollinger Bands on both weekly and monthly charts, despite some mixed signals from KST and Dow Theory.
As of 15 July 2025, the technical trend for Raj Rayon Inds. has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly chart and a mildly bullish MACD on the monthly chart. The Bollinger Bands also indicate a bullish trend on the weekly and mildly bullish on the monthly. However, the KST shows a mildly bearish signal on the monthly, and Dow Theory indicates a mildly bearish stance on the weekly while being mildly bullish on the monthly. The daily moving averages are mildly bullish. Overall, while there are some mixed signals, the prevailing indicators suggest a mildly bullish outlook.
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