Is Nandan Denim technically bullish or bearish?

Sep 18 2025 08:07 AM IST
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As of September 17, 2025, Nandan Denim's technical trend is mildly bearish, supported by mixed MACD signals and consistently bearish indicators from Bollinger Bands, KST, moving averages, and Dow Theory.
As of 17 September 2025, the technical trend for Nandan Denim has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains mildly bearish, indicating mixed signals. The Bollinger Bands and KST are both mildly bearish on a weekly and monthly basis, reinforcing the bearish outlook. Moving averages on a daily timeframe are also mildly bearish. Additionally, the Dow Theory shows no trend on a weekly basis and is mildly bearish monthly, while the OBV indicates no trend weekly and is mildly bearish monthly. Overall, the combination of these indicators suggests a weak bearish sentiment in the current market conditions.
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