Is Magadh Sugar technically bullish or bearish?

Nov 06 2025 08:32 AM IST
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As of November 4, 2025, Magadh Sugar's technical trend is bearish with moderate strength, indicated by bearish daily moving averages and Bollinger Bands, while mixed signals from MACD and KST suggest a lack of strong bullish momentum.
As of 4 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Magadh Sugar is bearish with moderate strength. Key indicators driving this stance include the daily moving averages which are bearish, and both the weekly and monthly Bollinger Bands also indicating bearish conditions. The MACD shows a mildly bullish signal on the weekly timeframe but is mildly bearish on the monthly, suggesting mixed signals. The KST is mildly bullish weekly but bearish monthly, while the OBV is mildly bearish on the weekly timeframe. Overall, the bearish trend is reinforced by the recent price action and the lack of strong bullish signals across multiple indicators.
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