Is Vardhman Textile technically bullish or bearish?
As of July 8, 2025, the trend has shifted to bullish with moderate strength, supported by bullish indicators like MACD and Bollinger Bands, though 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 stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish Bollinger Bands on both weekly and monthly timeframes, and bullish moving averages on the daily timeframe. However, the monthly MACD and KST are mildly bearish, indicating some caution. Overall, the bullish sentiment is supported by a strong performance over the longer term, particularly in the 3-year and 5-year returns compared to the Sensex.
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