Is Parag Milk Foods technically bullish or bearish?
As of September 5, 2025, the market trend has shifted to bullish with moderate strength, supported by positive indicators like the monthly MACD and daily moving averages, although caution is advised due to mildly bearish signals from the weekly MACD and KST.
As of 5 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include the monthly MACD which is bullish, daily moving averages that are bullish, and both weekly and monthly Bollinger Bands showing bullish signals. The Dow Theory also supports a mildly bullish outlook on both weekly and monthly time frames. However, the weekly MACD and KST are mildly bearish, indicating some caution. Overall, the bullish trend is supported by strong performance metrics, including a 33.44% year-to-date return compared to a 3.29% return of the Sensex.
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