Is Guj.Nat.Resour. technically bullish or bearish?
As of November 7, 2025, the market trend is bullish with strong indicators like positive MACD readings and daily moving averages, although caution is advised due to a bearish monthly RSI, despite impressive year-to-date returns of 365.90%.
As of 7 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly and monthly MACD readings are both bullish, reinforcing the positive momentum. Daily moving averages also indicate a bullish trend. However, the monthly RSI shows a bearish signal, which suggests some caution. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, indicating potential upward price movement. Overall, the strength of the bullish stance is supported by the significant returns over various periods, particularly the year-to-date return of 365.90%, which far outpaces the Sensex return.
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