Is Birla Cable technically bullish or bearish?

Sep 16 2025 08:08 AM IST
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As of September 15, 2025, Birla Cable's technical trend is mildly bearish, indicated by bearish MACD readings and moving averages, despite a mildly bullish signal from Dow Theory, resulting in a moderate overall bearish sentiment.
As of 15 September 2025, the technical trend for Birla Cable has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings, both of which are bearish, and the daily moving averages indicating a mildly bearish trend. The Bollinger Bands also reflect a mildly bearish outlook on both weekly and monthly time frames. Although the Dow Theory shows a mildly bullish signal on the weekly chart, it is offset by the bearish indicators from KST and OBV. Overall, the strength of the bearish sentiment is moderate, with no strong bullish signals present.
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