Is Sai Silks technically bullish or bearish?

Nov 04 2025 08:50 AM IST
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As of November 3, 2025, the trend is mildly bullish, supported by bullish MACD and moving averages, but the bearish weekly RSI indicates some momentum weakness, suggesting a cautious bullish outlook.
As of 3 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the weekly MACD being bullish and the daily moving averages also indicating bullishness. However, the weekly RSI is bearish, which suggests some weakness in momentum. The Bollinger Bands are showing a mildly bullish trend on the weekly timeframe, while the Dow Theory indicates a mildly bullish stance as well. Overall, the mixed signals from the indicators suggest a cautious bullish outlook, but with notable bearish pressure from the RSI.
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