Is Siyaram Silk technically bullish or bearish?

Jul 09 2025 08:05 AM IST
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As of July 8, 2025, Siyaram Silk's technical trend is mildly bullish, supported by bullish MACD and Bollinger Bands on weekly and monthly charts, despite mixed signals from daily moving averages and Dow Theory.
As of 8 July 2025, the technical trend for Siyaram Silk has changed from mildly bearish to mildly bullish. The weekly and monthly MACD indicators are bullish, supporting a positive outlook. Bollinger Bands also indicate bullishness on both time frames. However, daily moving averages remain mildly bearish, which presents a mixed picture. The KST is bullish on both weekly and monthly charts, while Dow Theory shows a mildly bullish stance on the weekly but mildly bearish on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and Bollinger Bands on the weekly and monthly charts.
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