Is Dhunseri Vent. technically bullish or bearish?
As of August 18, 2025, the market trend has shifted to mildly bearish, supported by bearish moving averages, MACD, and Bollinger Bands, despite some conflicting signals from the weekly KST.
As of 18 August 2025, the technical trend has changed from sideways to mildly bearish. The current stance is bearish, with key indicators supporting this view. The moving averages on the daily time frame are mildly bearish, and the monthly MACD is also mildly bearish. Additionally, the Bollinger Bands indicate a bearish trend on the monthly level. The Dow Theory shows a mildly bearish stance on the monthly chart, while the weekly KST is bullish, suggesting some conflicting signals. Overall, the bearish sentiment is reinforced by the recent price action, with a notable decline in stock performance compared to the Sensex over the past year.
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