Is Kesar India technically bullish or bearish?
As of October 16, 2025, the market trend is bullish with strong indicators like a bullish weekly MACD and daily moving averages, although caution is advised due to a mildly bearish monthly MACD.
As of 16 October 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 daily moving averages also confirm a bullish trend. Additionally, the weekly Bollinger Bands are bullish, indicating upward momentum. However, the monthly MACD is mildly bearish, suggesting some caution in the longer term. The Dow Theory shows a mildly bullish stance on the weekly timeframe, while the KST is mildly bearish. Overall, the strength of the bullish trend is reinforced by the recent price action, with today's price at 750.00, up from the previous close of 730.00.
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