Is Munjal Showa technically bullish or bearish?

Aug 10 2025 08:05 AM IST
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As of August 8, 2025, Munjal Showa's technical trend is mildly bullish, supported by daily moving averages and weekly MACD, though caution is warranted due to bearish signals from the weekly RSI and monthly indicators.
As of 8 August 2025, the technical trend for Munjal Showa has changed from sideways to mildly bullish. The daily moving averages indicate a mildly bullish stance, while the weekly MACD and KST are bullish, supporting the positive outlook. However, the weekly RSI is bearish, and the monthly MACD and KST are bearish, which introduces some caution. The Bollinger Bands on a weekly basis are mildly bullish, but the Dow Theory presents a mixed view with a mildly bearish weekly signal against a mildly bullish monthly signal. Overall, the current technical stance is mildly bullish, driven primarily by the daily moving averages and weekly MACD, despite some bearish indicators on the weekly RSI and monthly metrics.
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