Is G M Breweries technically bullish or bearish?

Jul 16 2025 08:07 AM IST
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As of July 15, 2025, the market trend is mildly bearish, indicated by daily moving averages and weekly RSI, despite some conflicting signals from weekly and monthly indicators.
As of 15 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment, alongside the weekly RSI showing bearish momentum. The monthly MACD is mildly bearish, while the weekly MACD and KST remain bullish, suggesting some conflicting signals. Bollinger Bands indicate a mildly bullish trend on both weekly and monthly time frames, but the overall picture leans towards bearish due to the recent price action and underperformance compared to the Sensex.
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