Is DCM Shriram Inds technically bullish or bearish?

Sep 18 2025 08:09 AM IST
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As of September 17, 2025, the market trend is mildly bearish, influenced by bearish daily moving averages and KST signals, while mixed indicators from MACD and Bollinger Bands suggest a cautious approach is warranted.
As of 17 September 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the KST showing bearish signals on both weekly and monthly time frames. The MACD is mildly bullish on the weekly but shifts to mildly bearish on the monthly, suggesting mixed signals. The Bollinger Bands present a bullish outlook weekly but are mildly bearish monthly, further contributing to the overall mildly bearish sentiment. The Dow Theory indicates a mildly bullish trend on the weekly but shows no trend on the monthly, reflecting uncertainty. Overall, the combination of these indicators suggests a cautious approach is warranted.
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