Is Kansai Nerolac technically bullish or bearish?

Aug 21 2025 08:06 AM IST
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As of August 20, 2025, Kansai Nerolac's trend is mildly bearish, supported by bearish MACD and KST indicators, while the OBV shows some bullish momentum, indicating underlying strength.
As of 20 August 2025, the technical trend for Kansai Nerolac has changed from bearish to mildly bearish. The current stance is mildly bearish with key indicators supporting this view. The MACD is bearish on both the weekly and monthly time frames, and the KST is also bearish in both time frames. The Bollinger Bands and moving averages indicate a mildly bearish trend on the weekly and daily charts. However, the OBV shows bullish momentum on both weekly and monthly time frames, suggesting some underlying strength. Overall, the bearish indicators outweigh the bullish ones, leading to a mildly bearish outlook.
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