Is Bharat Wire technically bullish or bearish?
As of September 1, 2025, Bharat Wire's technical trend has shifted to mildly bearish, influenced by bearish MACD signals on weekly and monthly charts, despite some mildly bullish daily moving averages.
As of 1 September 2025, the technical trend for Bharat Wire has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by bearish signals from the MACD on both weekly and monthly time frames, and a mildly bearish indication from Bollinger Bands. The KST is also showing a bearish trend on the monthly chart. Although the daily moving averages are mildly bullish, this is outweighed by the overall bearish signals in the longer time frames. The RSI shows no significant signals, indicating a lack of momentum in either direction. Overall, the technical indicators suggest a cautious outlook for Bharat Wire in the current market environment.
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