Is Oswal Agro Mills technically bullish or bearish?

Oct 27 2025 08:08 AM IST
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As of October 24, 2025, the market trend is mildly bearish, supported by bearish MACD and moving averages, despite a bullish signal from Bollinger Bands.
As of 24 October 2025, the technical trend 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, indicating a lack of upward momentum. The moving averages on the daily timeframe also reflect a mildly bearish outlook. Additionally, the KST and Dow Theory are both bearish on the weekly and mildly bearish on the monthly, further supporting this stance. Although the Bollinger Bands show a bullish signal on the monthly, the overall sentiment remains cautious due to the prevailing bearish indicators.
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