Is Magadh Sugar technically bullish or bearish?

Jul 25 2025 08:08 AM IST
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As of July 24, 2025, Magadh Sugar shows a mildly bullish trend based on daily moving averages, but caution is advised due to mixed signals from weekly and monthly indicators.
As of 24 July 2025, the technical trend for Magadh Sugar has changed from sideways to mildly bullish. The current technical stance is mildly bullish, primarily driven by the daily moving averages indicating a bullish signal. However, the weekly MACD and Bollinger Bands remain bearish, suggesting caution. The monthly RSI is bullish, contrasting with the weekly KST and Dow Theory, which are mildly bearish. Overall, while there are mixed signals, the daily indicators provide a slight bullish bias in the short term.
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