Is Mah. Scooters technically bullish or bearish?

Oct 08 2025 08:09 AM IST
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As of October 7, 2025, the market trend is bullish with moderate strength, supported by positive indicators like a bullish MACD and moving averages, despite some mixed signals from the monthly RSI and KST.
As of 7 October 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on both the weekly and monthly time frames, bullish moving averages on the daily chart, and a bullish signal from the Bollinger Bands on the weekly time frame. However, the monthly RSI is bearish, and the KST shows a mildly bearish signal on the weekly, indicating some mixed signals in the longer term. Overall, the bullish trend is supported by strong performance metrics, including a significant year-to-date return of 74.52% compared to the Sensex's 4.85%.
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