Is Benares Hotels technically bullish or bearish?

Sep 16 2025 08:09 AM IST
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As of September 15, 2025, the market trend is mildly bearish, influenced by bearish momentum from the weekly MACD and daily moving averages, despite some mildly bullish signals from the KST and Dow Theory, indicating cautious sentiment overall.
As of 15 September 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating bearish momentum and the daily moving averages also showing a mildly bearish trend. The KST and Dow Theory on a weekly basis are mildly bullish, but the overall sentiment remains cautious due to the monthly indicators being mildly bearish. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential upward volatility, yet the lack of strong signals from the RSI and the mixed indicators imply a lack of conviction in the bullish case.
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