Is Munjal Auto Inds technically bullish or bearish?

Oct 07 2025 08:13 AM IST
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As of October 6, 2025, the trend is mildly bullish due to positive indicators like a bullish MACD and moving averages, but mixed signals from the monthly data suggest a cautious approach.
As of 6 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly chart and bullish moving averages on the daily chart. Bollinger Bands also indicate a mildly bullish outlook on both weekly and monthly time frames. However, the monthly MACD and KST are mildly bearish, suggesting some caution. The Dow Theory shows a mildly bullish trend on the weekly chart but no trend on the monthly. Overall, while there are positive indicators, the mixed signals from the monthly data indicate a cautious approach.
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