Is Bharat Forge technically bullish or bearish?

Sep 30 2025 08:20 AM IST
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As of 29 September 2025, Bharat Forge's technical trend is mildly bearish, indicated by mixed MACD signals, bearish moving averages, and negative KST and OBV indicators, suggesting a cautious outlook.
As of 29 September 2025, the technical trend for Bharat Forge has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The daily moving averages are also mildly bearish, reinforcing the negative outlook. The Bollinger Bands show a sideways trend on the weekly chart and mildly bearish on the monthly, while the KST and OBV are both bearish on the weekly and monthly time frames. Overall, the lack of strong bullish signals and the presence of bearish indicators suggest a cautious stance on Bharat Forge.
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