Is Modi's Navnirman technically bullish or bearish?
As of 29 October 2025, the trend is mildly bullish due to daily moving averages and Bollinger Bands, but mixed signals from the weekly and monthly MACD and Dow Theory suggest caution.
As of 29 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum. However, the weekly MACD remains bullish while the monthly MACD is mildly bearish, suggesting mixed signals across different time frames. The Bollinger Bands are mildly bullish on both weekly and monthly charts, supporting the overall positive sentiment. The Dow Theory indicates a mildly bearish weekly trend but a bullish monthly trend, adding to the complexity of the current outlook. Overall, while there are bullish indicators, the mixed signals suggest caution.
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