Is M.V.K. Agro technically bullish or bearish?

Nov 05 2025 08:35 AM IST
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As of November 4, 2025, the market trend is bullish with moderate strength, supported by positive indicators like a bullish MACD and moving averages, although caution is advised due to a bearish RSI and Dow Theory signals.
As of 4 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators supporting this include a bullish MACD on the weekly timeframe, bullish Bollinger Bands on both weekly and monthly timeframes, and bullish moving averages on the daily timeframe. However, the RSI shows a bearish signal on the monthly, and Dow Theory indicates a mildly bearish stance on the weekly, which suggests some caution. Overall, the bullish trend is reinforced by strong performance year-to-date and over the past year, despite recent underperformance compared to the Sensex.
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