Is Bansal Wire Inds technically bullish or bearish?
As of November 6, 2025, Bansal Wire Inds is in a bearish trend with moderate strength, indicated by bearish MACD, moving averages, and Dow Theory, along with underperformance against the Sensex.
As of 6 November 2025, the technical trend for Bansal Wire Inds has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this assessment include a bearish MACD on the weekly timeframe, bearish moving averages on the daily timeframe, and a bearish Dow Theory on the monthly timeframe. Additionally, the KST is bearish on the weekly, and the OBV is mildly bearish on both weekly and monthly timeframes. The stock has underperformed significantly compared to the Sensex over multiple periods, further supporting the bearish outlook.
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