Is Berger Paints technically bullish or bearish?

Nov 09 2025 08:11 AM IST
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As of November 7, 2025, the market trend is mildly bullish, supported by daily moving averages and a bullish monthly KST, but tempered by bearish weekly MACD and Bollinger Bands, indicating a cautious bullish outlook amid mixed signals.
As of 7 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by daily moving averages indicating mild bullishness and a monthly KST showing bullishness. However, the weekly MACD and Bollinger Bands are bearish, which tempers the overall strength of the bullish signal. The Dow Theory indicates a mildly bullish stance on the weekly but mildly bearish on the monthly, adding to the mixed signals. Overall, the indicators suggest a cautious bullish outlook with some bearish pressures in the short term.
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