Is Sutlej Textiles technically bullish or bearish?

Nov 07 2025 08:12 AM IST
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As of November 6, 2025, Sutlej Textiles is in a bearish trend with moderate strength, indicated by bearish MACD signals, Bollinger Bands, and KST, despite some bullish momentum in the RSI.
As of 6 November 2025, the technical trend for Sutlej Textiles has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this assessment include the bearish signals from the MACD on both weekly and monthly time frames, as well as bearish readings from Bollinger Bands and KST. Although the RSI shows bullish momentum on both weekly and monthly charts, the overall trend remains negative, supported by bearish moving averages on the daily chart. The Dow Theory indicates a mildly bearish stance on the weekly but no trend on the monthly, further reinforcing the bearish outlook.
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