Is Prakash Industri technically bullish or bearish?

Sep 04 2025 08:06 AM IST
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As of September 3, 2025, Prakash Industries shows a neutral technical trend with mixed signals, as weekly indicators are bearish while daily moving averages are mildly bullish, indicating indecision and a lack of clear direction.
As of 3 September 2025, the technical trend for Prakash Industri has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD remains bearish, while the monthly MACD is mildly bearish, indicating a lack of strong upward momentum. The RSI shows no signal on both weekly and monthly time frames, suggesting indecision in the market. Moving averages on the daily chart are mildly bullish, providing some support, but the weekly and monthly KST and Dow Theory indicators are mildly bearish. Bollinger Bands are also indicating a sideways movement on both weekly and monthly charts. Overall, the technical indicators reflect a neutral stance with some bearish undertones, lacking a clear direction.
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