Is BEML Ltd technically bullish or bearish?

Oct 27 2025 08:07 AM IST
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As of October 24, 2025, BEML Ltd shows a bullish trend supported by strong indicators like MACD and Bollinger Bands, though caution is advised due to a mildly bearish KST signal.
As of 24 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance for BEML Ltd is bullish with strong indicators supporting this view. Both the weekly and monthly MACD are bullish, and Bollinger Bands also indicate bullish momentum in both time frames. Daily moving averages confirm a bullish trend as well. However, the KST shows a mildly bearish signal on the weekly and monthly charts, which suggests some caution. The Dow Theory indicates a mildly bullish stance on both weekly and monthly levels. Overall, the strength of the bullish trend is supported by the positive performance against the Sensex, particularly over the 1Y and 3Y periods.
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