Is Madras Fertilize technically bullish or bearish?

Sep 30 2025 08:19 AM IST
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As of 29 September 2025, the technical trend for Madras Fertilizer is mildly bearish, supported by bearish signals from the weekly MACD, Bollinger Bands, and KST, despite some counterbalancing from daily moving averages.
As of 29 September 2025, the technical trend has changed from sideways to mildly bearish. The overall stance is mildly bearish, driven by the weekly MACD and Bollinger Bands both indicating bearish conditions, along with the KST and Dow Theory also showing mildly bearish signals. The monthly MACD is mildly bearish as well. The daily moving averages are mildly bullish, which provides some counterbalance but does not outweigh the bearish indicators. The RSI shows no signal on both weekly and monthly time frames, indicating a lack of momentum. Overall, the combination of these indicators suggests a cautious outlook for Madras Fertilize.
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