Is Natl. Aluminium technically bullish or bearish?

Aug 09 2025 08:07 AM IST
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As of August 8, 2025, the technical trend for National Aluminium has shifted to mildly bearish, driven by bearish daily moving averages and monthly MACD, despite some mildly bullish signals from weekly indicators, suggesting a cautious market approach.
As of 8 August 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance for Natl. Aluminium is mildly bearish. Key indicators driving this stance include the daily moving averages indicating bearishness, the weekly Dow Theory showing mildly bearish sentiment, and the monthly MACD also reflecting a mildly bearish outlook. While the weekly KST and MACD are mildly bullish, they are outweighed by the bearish signals from other indicators. Overall, the mixed signals suggest a cautious approach in the current market environment.
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