Is Amara Raja Ener. technically bullish or bearish?
As of July 9, 2025, the trend is mildly bearish due to daily moving averages, despite some mildly bullish signals from weekly indicators and a cautiously bullish outlook from Dow Theory on the monthly timeframe.
As of 9 July 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, while the weekly MACD and KST show a mildly bullish signal. However, the monthly indicators, including MACD and Bollinger Bands, remain mildly bearish. The Dow Theory indicates a mildly bullish trend on the monthly timeframe, but overall, the lack of strong bullish signals and the bearish daily moving averages suggest caution.
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