Is Mallcom (India) technically bullish or bearish?

Oct 09 2025 08:11 AM IST
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As of October 8, 2025, the trend has shifted to bullish with moderate strength, supported by positive indicators like a bullish MACD and moving averages, though caution is advised due to mildly bearish monthly indicators.
As of 8 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish signals from Bollinger Bands and On-Balance Volume (OBV) on both weekly and monthly timeframes, and bullish moving averages on the daily chart. However, the monthly MACD and KST remain mildly bearish, indicating some caution. Overall, the bullish trend is supported by recent price action, including today's high of 1402.75, but the longer-term monthly indicators suggest a need for vigilance.
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