Is Mahanagar Gas technically bullish or bearish?
As of October 20, 2025, Mahanagar Gas shows a mildly bearish trend with mixed technical indicators, including bearish MACD and moving averages, while the RSI indicates bullish momentum weekly but no signal monthly.
As of 20 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish with key indicators supporting this view. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart, while the RSI shows bullish momentum on the weekly but no signal on the monthly. Bollinger Bands indicate a mildly bearish trend weekly and bearish monthly. Moving averages are bearish on the daily timeframe, and the KST is bearish weekly and mildly bearish monthly. Dow Theory suggests a mildly bullish stance weekly, but the monthly shows no trend. Overall, the mixed signals indicate a cautious outlook for Mahanagar Gas.
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