Is SKF India technically bullish or bearish?

Jul 10 2025 08:05 AM IST
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As of July 9, 2025, the trend is mildly bullish due to daily moving averages and weekly MACD indicating positive momentum, though caution is advised as the weekly RSI is bearish and longer-term indicators show mixed signals.
As of 9 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, while the weekly MACD remains bullish. However, the weekly RSI is bearish, suggesting some weakness in momentum. The Bollinger Bands on the weekly are mildly bullish, supporting the overall positive outlook. The monthly MACD and KST are mildly bearish, indicating potential caution in the longer term. Overall, the mixed signals suggest a cautious but mildly bullish stance in the near term.
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