Is Amara Raja Ener. technically bullish or bearish?
As of June 23, 2025, the market trend is mildly bearish due to bearish daily moving averages and mixed signals from the MACD and KST, which are mildly bullish weekly but bearish monthly.
As of 23 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearishness and the Bollinger Bands showing a mildly bearish signal on the weekly timeframe. The MACD is mildly bullish on the weekly but turns mildly bearish on the monthly, suggesting mixed signals. The KST aligns with the MACD, being mildly bullish weekly and mildly bearish monthly. Overall, the lack of strong bullish indicators and the bearish daily moving averages contribute to the current mildly bearish outlook.
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