Is Kalyani Steels technically bullish or bearish?
As of September 3, 2025, the trend is mildly bullish based on daily moving averages, but caution is advised due to mixed signals from weekly and monthly indicators, including mildly bearish MACD readings.
As of 3 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 indicating mild bullishness. However, the weekly MACD and Dow Theory are both mildly bearish, which suggests some caution. The Bollinger Bands on the weekly chart are bullish, but the monthly indicators, including MACD and KST, are mildly bearish. Overall, while there are bullish signals on the daily timeframe, the mixed signals from the weekly and monthly indicators suggest a cautious approach.
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