Is Assoc.Alcohols technically bullish or bearish?

Nov 02 2025 08:08 AM IST
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As of October 31, 2025, the market trend is mildly bullish, supported by positive weekly MACD, KST indicators, and strong OBV readings, despite some caution from daily moving averages.
As of 31 October 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and KST indicators, both indicating mild bullishness. Additionally, the Dow Theory supports this bullish outlook on a weekly basis. Bollinger Bands are also bullish on both weekly and monthly time frames. However, the daily moving averages are mildly bearish, which introduces some caution. Overall, the strength of the bullish sentiment is supported by strong weekly OBV readings and positive returns compared to the Sensex across multiple time frames.
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