Is Indian Hume Pipe technically bullish or bearish?

Nov 11 2025 08:17 AM IST
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As of November 10, 2025, the market trend is mildly bearish, supported by bearish signals from the weekly MACD and KST, while the weekly Dow Theory indicates a mildly bullish trend, suggesting a cautious approach due to the prevailing bearish indicators.
As of 10 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, supported by the weekly MACD and KST both indicating bearish signals, while the monthly MACD and Bollinger Bands show a mildly bearish outlook. The daily moving averages also reflect a mildly bearish sentiment. However, the weekly Dow Theory indicates a mildly bullish trend, which adds some complexity to the overall assessment. The RSI shows no signals in both weekly and monthly time frames, indicating a lack of momentum. Overall, the indicators suggest a cautious approach, with the bearish signals outweighing the bullish ones.
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