Is BASF India technically bullish or bearish?

Sep 05 2025 08:06 AM IST
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As of September 4, 2025, the market trend is mildly bearish, supported by bearish MACD and moving averages, mixed signals from the OBV, and a moderate strength in bearish indicators.
As of 4 September 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish with key indicators supporting this view. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart, while the RSI shows bullish momentum on the weekly but no signal on the monthly. Moving averages are bearish on the daily timeframe, and Bollinger Bands indicate a mildly bearish trend on both weekly and monthly charts. The KST is also mildly bearish across both timeframes. Although the OBV is mildly bullish on the weekly, it is mildly bearish on the monthly, suggesting mixed signals. Overall, the strength of the bearish stance is moderate, influenced by the prevailing indicators.
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