Is Sai Silks technically bullish or bearish?

Nov 18 2025 08:34 AM IST
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As of November 17, 2025, Sai Silks shows a mildly bullish trend based on daily moving averages and monthly Bollinger Bands, though caution is advised due to short-term bearish signals from the weekly MACD and KST.
As of 17 November 2025, the technical trend for Sai Silks has changed from sideways to mildly bullish. The daily moving averages indicate a mildly bullish stance, while the weekly MACD and KST are mildly bearish, suggesting some short-term weakness. The Bollinger Bands show a mildly bullish trend on the monthly timeframe, which supports the overall bullish outlook. However, the lack of signals from the RSI and the Dow Theory's mildly bearish indication on the weekly timeframe suggest caution. Overall, the current technical stance is mildly bullish, driven primarily by the daily moving averages and the monthly Bollinger Bands.
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