Is Greenlam Industr technically bullish or bearish?
As of October 30, 2025, the trend is bullish with moderate strength, supported by a bullish MACD, Bollinger Bands, and On-Balance Volume, though caution is advised due to mildly bearish monthly indicators.
As of 30 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly charts, and a bullish daily moving average. The On-Balance Volume (OBV) also supports the bullish sentiment on a weekly and monthly basis. However, the monthly MACD and KST are mildly bearish, indicating some caution. Overall, the bullish trend is reinforced by strong recent performance relative to the Sensex, particularly over the past week and month.
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