Is Manorama Indust. technically bullish or bearish?
As of November 17, 2025, the trend for Manorama Industries has shifted to mildly bullish, supported by daily moving averages, although caution is advised due to mixed signals from weekly indicators.
As of 17 November 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST remain mildly bearish, suggesting some caution. The monthly indicators show a bullish trend in MACD and a mildly bullish stance in Bollinger Bands, which adds to the overall positive outlook. Despite the mixed signals from the weekly timeframe, the shift in trend and strong performance relative to the Sensex year-to-date and over three years indicates a strengthening position for Manorama Industries.
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