Is Techno Elec.Engg technically bullish or bearish?

Jul 09 2025 08:05 AM IST
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As of July 8, 2025, the technical trend has shifted to bullish, supported by strong indicators like the weekly MACD and Bollinger Bands, although caution is advised due to mildly bearish monthly MACD and KST signals.
As of 8 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 both the weekly and monthly Bollinger Bands are bullish. Daily moving averages also confirm a bullish trend. However, the monthly MACD and KST are mildly bearish, indicating some caution. The Dow Theory shows a mildly bullish stance on the monthly timeframe. Overall, the strength of the bullish trend is supported by the recent price action, with today's high surpassing previous levels, and the stock has shown significant returns over longer periods compared to the Sensex.
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