Is Mafatlal Inds. technically bullish or bearish?
As of August 11, 2025, Mafatlal Industries shows a mildly bearish trend, with daily moving averages and weekly RSI indicating bearish momentum, despite some mixed signals from weekly MACD and KST.
As of 11 August 2025, the technical trend for Mafatlal Inds. has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the weekly RSI showing bearish momentum. While the weekly MACD and KST are mildly bullish, the overall monthly indicators, including MACD and Bollinger Bands, lean towards a bearish sentiment. The Dow Theory reflects no trend on the weekly timeframe but is mildly bullish on the monthly, adding to the mixed signals. Overall, the strength of the bearish stance is supported by the recent price action and the longer-term bearish returns compared to the Sensex.
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