Is Vardhman Polytex technically bullish or bearish?
As of June 30, 2025, the trend is mildly bullish due to positive weekly MACD and KST indicators, although caution is advised due to mixed signals from monthly indicators and Dow Theory.
As of 30 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and KST indicators showing bullish signals, while the daily moving averages also indicate a mildly bullish trend. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, supporting the overall positive sentiment. However, the monthly MACD and KST are mildly bearish, suggesting some caution. The lack of clear trends in the Dow Theory and the mixed signals from the RSI and OBV indicate a need for careful monitoring.
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