Is Rishabh Instrum. technically bullish or bearish?
As of July 7, 2025, the market trend is mildly bearish due to daily moving averages, despite some mixed signals from the weekly MACD and Dow Theory, indicating a cautious outlook.
As of 7 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 a bearish trend. The weekly MACD shows a mildly bullish signal, but this is offset by the monthly Bollinger Bands being bearish. The Dow Theory indicates a mildly bullish trend on the weekly chart, but lacks a clear signal on the monthly. Overall, the mixed signals suggest a cautious outlook, with the bearish indicators currently holding more weight.
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