Is Vardhman Textile technically bullish or bearish?

Nov 20 2025 08:11 AM IST
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As of November 19, 2025, Vardhman Textile shows a mildly bullish trend supported by weekly MACD and KST indicators, despite some caution from daily moving averages and monthly bearish signals.
As of 19 November 2025, the technical trend for Vardhman Textile has changed from sideways to mildly bullish. The current stance is mildly bullish, primarily driven by the weekly MACD and KST indicators, both indicating mild bullishness. Additionally, the Dow Theory supports this stance with a mildly bullish signal on the weekly timeframe. However, the daily moving averages are mildly bearish, which introduces some caution. The overall strength of the bullish trend is tempered by the monthly MACD and KST being mildly bearish, and the Bollinger Bands showing a sideways trend on the monthly chart. Despite this, the OBV remains bullish on both weekly and monthly timeframes, indicating positive accumulation.
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