Is Honda India technically bullish or bearish?

Sep 24 2025 08:13 AM IST
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As of September 23, 2025, the trend is mildly bullish based on daily moving averages, but mixed signals from weekly and monthly indicators suggest caution.
As of 23 September 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages and the Dow Theory indicating a mildly bullish outlook. However, the weekly and monthly MACD, KST, and Bollinger Bands suggest a mildly bearish sentiment, indicating mixed signals. The RSI shows no clear signal in both weekly and monthly time frames. Overall, while there is a bullish indication from the daily perspective, the broader weekly and monthly indicators present caution.
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