Is Panchmahal Steel technically bullish or bearish?
As of November 14, 2025, Panchmahal Steel's technical trend is bullish, supported by strong MACD and Bollinger Bands indicators, despite a mildly bearish KST signal, indicating a positive outlook compared to the Sensex.
As of 14 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance for Panchmahal Steel 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. Moving averages on the daily chart confirm a bullish outlook. Although the KST shows a mildly bearish signal on the weekly and monthly charts, the overall bullish signals from MACD, Bollinger Bands, and Dow Theory on both weekly and monthly time frames strengthen the bullish stance. The stock has shown significant returns compared to the Sensex, particularly over longer periods, further reinforcing the positive technical outlook.
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