Is Panchmahal Steel technically bullish or bearish?

Nov 15 2025 08:12 AM IST
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As of November 14, 2025, the market trend is bullish, supported by strong MACD and Bollinger Bands indicators, although the KST shows mild bearish signals, suggesting some caution.
As of 14 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend in both time frames. The daily moving averages confirm a bullish outlook as well. However, the KST shows a mildly bearish signal on both weekly and monthly charts, which suggests some caution. Overall, the Dow Theory aligns with a bullish perspective. The recent price movement, with a significant rise from the previous close, further reinforces the bullish sentiment.
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