Is Pitti Engg. technically bullish or bearish?

Sep 16 2025 08:10 AM IST
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As of September 15, 2025, the market trend is mildly bearish, indicated by mixed signals from MACD, moving averages, and Bollinger Bands across different timeframes.
As of 15 September 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating a mildly bullish signal, while the monthly MACD and KST are both mildly bearish. The moving averages on the daily timeframe are also mildly bearish, and Bollinger Bands reflect a mildly bearish outlook on both weekly and monthly charts. Dow Theory shows a mildly bullish signal on the weekly but remains mildly bearish on the monthly. Overall, the mixed signals suggest a lack of strong bullish momentum, reinforcing the mildly bearish stance.
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