Is Sai Silks technically bullish or bearish?

Nov 11 2025 08:19 AM IST
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As of November 10, 2025, the market trend is neutral with mixed signals, showing a sideways movement influenced by bearish indicators on the weekly chart, despite some mildly bullish signs on the daily timeframe.
As of 10 November 2025, the technical trend has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different indicators. The weekly MACD remains bullish, but the weekly RSI is bearish, indicating weakness in momentum. Bollinger Bands are bearish on the weekly chart, while moving averages on the daily chart show a mildly bullish trend. The KST and Dow Theory are both mildly bearish on the weekly timeframe, suggesting a lack of strong upward momentum. Overall, the indicators reflect a sideways movement with bearish tendencies, particularly in the weekly timeframe.
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