Is Bajaj Auto technically bullish or bearish?

Sep 06 2025 08:07 AM IST
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As of September 5, 2025, Bajaj Auto's technical trend is neutral with mixed indicators, showing a bullish weekly MACD and bearish monthly MACD, while Bollinger Bands suggest potential upward movement despite mildly bearish daily moving averages.
As of 5 September 2025, the technical trend for Bajaj Auto has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential upward movement. However, daily moving averages are mildly bearish, which adds caution. The KST is bullish weekly but mildly bearish monthly, and Dow Theory shows a mildly bullish stance on both weekly and monthly charts. Overall, the strength of the current neutral stance is moderate, reflecting mixed signals across different indicators.
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