What is the technical trend for Sanathan Textile?

Jun 09 2025 07:00 PM IST
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As of March 11, 2025, Sanathan Textile's technical trend is mildly bullish despite a short-term price drop to 456.00, supported by a positive OBV indicator and strong returns over the past month and year-to-date.
As of 11 March 2025, the technical trend for Sanathan Textile has changed from sideways to mildly bullish. The current price is 456.00, down from the previous close of 467.20, indicating some short-term weakness. However, the OBV is mildly bullish on a weekly basis, suggesting accumulation, while the Dow Theory shows no trend on a weekly basis but remains neutral on a monthly basis. The stock has shown strong returns over the past month (9.09%) and year-to-date (24.49%) compared to the Sensex, reinforcing the mildly bullish sentiment. Overall, the current technical stance is mildly bullish, driven primarily by the OBV indicator.
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