Is Nitin Spinners technically bullish or bearish?

Nov 03 2025 08:07 AM IST
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As of 31 October 2025, Nitin Spinners exhibits a mildly bearish trend, supported by bearish MACD and KST indicators, while mixed signals from Bollinger Bands and moving averages suggest a cautious approach.
As of 31 October 2025, the technical trend for Nitin Spinners has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart. Bollinger Bands also indicate a mildly bearish trend on both weekly and monthly time frames. Moving averages are showing a mildly bearish signal on the daily chart. While the Dow Theory presents a mildly bullish outlook on the weekly basis, it remains mildly bearish on the monthly. The KST is bearish weekly and mildly bearish monthly, while the OBV shows a mildly bullish trend weekly but is mildly bearish monthly. Overall, the mixed signals suggest a cautious approach, with a slight bearish bias prevailing.
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