Is Vishal Fabrics technically bullish or bearish?

Jun 10 2025 08:14 AM IST
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As of June 9, 2025, the trend has shifted to mildly bullish, supported by bullish MACD and Bollinger Bands signals, though caution is advised due to a bearish weekly RSI and mixed short-term moving averages.
As of 9 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by bullish signals from the MACD and Bollinger Bands on both weekly and monthly time frames. However, the weekly RSI indicates a bearish condition, which suggests some caution. The daily moving averages remain mildly bearish, indicating mixed signals in the short term. The KST shows mild bullishness on the weekly but is mildly bearish on the monthly, while Dow Theory supports a mildly bullish outlook on both time frames. Overall, the strength of the bullish trend is tempered by some conflicting indicators, particularly in the short term.
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