Is Vishal Fabrics technically bullish or bearish?

Jun 29 2025 08:03 AM IST
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As of June 27, 2025, Vishal Fabrics shows a strong bullish trend supported by positive MACD and Bollinger Bands, despite some caution from the weekly RSI and mixed signals from the KST.
As of 27 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate bullishness on both time frames. Daily moving averages confirm a bullish trend. However, the weekly RSI is bearish, which suggests some caution, while the monthly RSI shows no signal. The KST is bullish weekly but mildly bearish monthly, indicating mixed signals. Dow Theory shows a mildly bullish stance on the monthly chart but no trend on the weekly. Overall, the bullish indicators outweigh the bearish signals, suggesting a strong bullish sentiment in the current market for Vishal Fabrics.
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