Is Prakash Industri technically bullish or bearish?

Aug 30 2025 08:04 AM IST
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As of August 29, 2025, the technical trend is neutral with mixed indicators, showing a shift from mildly bearish to sideways, as the weekly MACD and Bollinger Bands remain bearish while daily moving averages indicate mild bullishness.
As of 29 August 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing this view. The weekly MACD remains bearish, while the monthly MACD is mildly bearish. The Bollinger Bands are bearish on both weekly and monthly time frames. However, the daily moving averages indicate a mildly bullish stance. The KST is mildly bearish on both weekly and monthly charts, and the Dow Theory shows a mildly bearish signal weekly but mildly bullish monthly. The OBV is bullish on a monthly basis, suggesting some accumulation. Overall, the lack of strong signals from the RSI and the mixed performance across different indicators suggest a neutral outlook at this time.
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