Is Ambuja Cements technically bullish or bearish?

Aug 29 2025 08:06 AM IST
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As of August 28, 2025, Ambuja Cements has shifted to a bearish technical stance, supported by mildly bearish MACD and Bollinger Bands on both weekly and monthly charts, alongside a recent 4.36% price decline.
As of 28 August 2025, the technical trend for Ambuja Cements has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators supporting this view. The MACD is mildly bearish on both the weekly and monthly time frames. Bollinger Bands also indicate a bearish trend on both weekly and monthly charts. The Dow Theory shows a mixed signal with a mildly bearish weekly stance and a mildly bullish monthly stance. The KST is bullish weekly but mildly bearish monthly, adding to the complexity. Overall, the strength of the bearish signal is reinforced by the recent price action, with a notable decline of 4.36% over the past week compared to a 2.34% drop in the Sensex.
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