Is SKF India technically bullish or bearish?

Jul 08 2025 08:08 AM IST
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As of July 7, 2025, the trend is mildly bullish due to daily moving averages, but mixed signals from the weekly RSI and monthly MACD suggest a cautious approach is warranted.
As of 7 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum and the weekly Bollinger Bands showing a mildly bullish trend. However, the weekly RSI is bearish, which suggests some weakness in the short term. The monthly MACD is mildly bearish, indicating potential caution. Overall, while there are positive indicators, the mixed signals suggest a cautious approach is warranted.
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