Is Kirloskar Indus. technically bullish or bearish?

Oct 29 2025 08:21 AM IST
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As of 28 October 2025, the technical trend for Kirloskar Industries has shifted to mildly bearish, supported by bearish MACD readings, Bollinger Bands, and KST indicators, despite some conflicting signals from daily moving averages.
As of 28 October 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating bearish momentum. Additionally, the Bollinger Bands are bearish on both time frames, reinforcing the negative outlook. The KST is also mildly bearish weekly and bearish monthly, while the moving averages show a mildly bullish signal on the daily chart, which contrasts with the overall bearish indicators. The lack of clear trends in the Dow Theory and OBV further suggests uncertainty in the market. Overall, the combination of these indicators points to a mildly bearish sentiment for Kirloskar Industries.
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