Is Bengal & Assam technically bullish or bearish?

Nov 04 2025 08:47 AM IST
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As of November 3, 2025, the market trend for Bengal & Assam is mildly bearish, indicated by bearish signals from the weekly MACD and Bollinger Bands, despite some mildly bullish daily moving averages.
As of 3 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and Bollinger Bands both indicating bearish signals. The KST is also mildly bearish on both weekly and monthly time frames. Although the daily moving averages show a mildly bullish signal, this is overshadowed by the overall bearish indicators in the weekly and monthly analyses. The lack of signals from the RSI and Dow Theory further supports a neutral stance in those areas. Overall, the combination of these indicators suggests a weak bearish sentiment in the current market environment for Bengal & Assam.
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