Is Munjal Auto Inds technically bullish or bearish?
As of October 9, 2025, the technical trend is mildly bullish, supported by a bullish weekly MACD and Bollinger Bands, although caution is warranted due to mixed signals from monthly indicators.
As of 9 October 2025, the technical trend has changed from bullish to mildly bullish. The weekly MACD is bullish, supporting a positive short-term outlook, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, suggesting a potential for upward movement. Daily moving averages are bullish, reinforcing the positive sentiment in the short term. However, the KST shows a bullish weekly stance but is mildly bearish monthly, indicating mixed signals. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some bearish signals on the monthly indicators.
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