Is Emami Paper technically bullish or bearish?

Sep 05 2025 08:08 AM IST
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As of September 4, 2025, Emami Paper's technical trend is mildly bullish, supported by positive MACD readings and bullish daily moving averages, despite mixed signals from Bollinger Bands and KST.
As of 4 September 2025, the technical trend for Emami Paper has changed from sideways to mildly bullish. The weekly MACD is mildly bullish, supporting the bullish stance, while the monthly MACD also indicates mild bullishness. The RSI shows no signal on the weekly timeframe but is bullish on the monthly, further reinforcing the positive outlook. Daily moving averages are bullish, indicating short-term strength. However, the Bollinger Bands present a mixed picture with a bullish weekly signal and a mildly bearish monthly signal. The KST is bullish on the weekly but bearish on the monthly, adding some caution. Dow Theory shows no trend in both weekly and monthly perspectives, and the OBV indicates no trend as well. Overall, the current technical stance is mildly bullish, driven primarily by the MACD and daily moving averages.
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