Is Hariom Pipe technically bullish or bearish?

Sep 03 2025 08:11 AM IST
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As of September 2, 2025, the market trend has shifted to bullish, supported by strong indicators like a bullish weekly MACD and moving averages, although caution is advised due to mildly bearish monthly MACD and Bollinger Bands.
As of 2 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the moving averages on the daily timeframe are also bullish. The Bollinger Bands indicate bullish momentum on the weekly chart. Additionally, the On-Balance Volume (OBV) is bullish on both weekly and monthly timeframes. However, the monthly MACD and Bollinger Bands are mildly bearish, suggesting some caution. Overall, the strength of the bullish trend is reinforced by positive performance in the short term, as seen in the 1-week and 1-month stock returns compared to the Sensex.
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