Is Pondy Oxides technically bullish or bearish?

Nov 19 2025 08:14 AM IST
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As of November 18, 2025, the market trend has shifted to bullish, supported by strong indicators like a bullish MACD and Bollinger Bands, despite a mildly bearish KST signal.
As of 18 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 on both time frames. Daily moving averages confirm a bullish sentiment. However, the KST shows a mildly bearish signal on both weekly and monthly charts, and Dow Theory indicates a mildly bullish stance on the weekly but no trend on the monthly. Overall, the strength of the bullish trend is reinforced by recent price performance, with a notable year-to-date return of 65.89% compared to the Sensex's 8.36%.
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