Is Marico technically bullish or bearish?

Sep 04 2025 08:07 AM IST
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As of September 3, 2025, the market trend is mildly bullish, supported by bullish monthly indicators and daily moving averages, despite some mixed signals from weekly indicators and Dow Theory.
As of 3 September 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the monthly MACD and KST indicators, which are bullish, while the weekly MACD and KST are mildly bearish. The daily moving averages are bullish, supporting the overall positive sentiment. However, the weekly Dow Theory indicates a mildly bearish trend, which tempers the bullish outlook. The Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the mildly bullish stance. Overall, while there are mixed signals, the prevailing trend remains mildly bullish.
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