Is Nuvama Wealth technically bullish or bearish?
As of November 10, 2025, the market trend has shifted to bullish, supported by strong indicators like a bullish MACD, confirming Bollinger Bands, and positive daily moving averages, despite the Dow Theory showing a mildly bullish stance.
As of 10 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands confirm a bullish trend. Daily moving averages also indicate bullish momentum. While the Dow Theory shows a mildly bullish stance on both weekly and monthly time frames, the RSI and OBV show no significant signals or trends. Overall, the strength of the bullish trend is reinforced by recent price action, with the stock trading above its previous close and showing positive returns compared to the Sensex over various periods.
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