Is Bajaj Holdings technically bullish or bearish?

Aug 19 2025 08:12 AM IST
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As of August 18, 2025, the trend is mildly bullish with short-term support from daily moving averages, but caution is advised due to mixed signals from weekly and monthly indicators.
As of 18 August 2025, the technical trend has changed from bullish to mildly bullish. The current technical stance is mildly bullish, driven by a combination of indicators. The daily moving averages are bullish, supporting short-term strength. However, the weekly MACD and KST are mildly bearish, indicating some caution in the medium term. The monthly MACD and Bollinger Bands remain bullish, suggesting potential for upward movement over a longer time frame. The RSI shows a bearish signal on the monthly chart, which adds to the mixed signals. Overall, while there are bullish elements, the presence of mildly bearish indicators suggests a cautious approach.
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