Is Shilchar Tech technically bullish or bearish?

Jul 08 2025 08:07 AM IST
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As of July 7, 2025, the technical trend is bullish, supported by strong weekly indicators like the MACD and Bollinger Bands, despite some mild bearish signals on the monthly charts.
As of 7 July 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and Bollinger Bands are also indicating bullish momentum on both weekly and monthly time frames. Daily moving averages confirm a bullish trend. Although the monthly MACD and KST are mildly bearish, the overall strength from the weekly indicators suggests a prevailing bullish sentiment. The stock has shown significant outperformance compared to the Sensex over various periods, particularly in the long term.
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