Is Munjal Showa technically bullish or bearish?

Oct 06 2025 08:10 AM IST
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As of October 3, 2025, Munjal Showa's trend is mildly bullish based on daily moving averages, but caution is advised due to mixed signals from weekly indicators.
As of 3 October 2025, the technical trend for Munjal Showa has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST are mildly bearish, suggesting some caution. The Bollinger Bands on the weekly chart are bullish, but the monthly indicators show mixed signals with the MACD being mildly bullish and the KST bearish. Overall, while there are bullish signals in the daily timeframe, the presence of bearish indicators in the weekly timeframe tempers the overall bullish outlook.
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