Is Prakash Industri technically bullish or bearish?

Sep 17 2025 08:05 AM IST
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As of September 16, 2025, Prakash Industri shows a mildly bullish trend supported by daily moving averages, but caution is advised due to bearish signals from the weekly MACD and KST indicators.
As of 16 September 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by daily moving averages indicating a positive trend. However, the weekly MACD remains bearish, and both the weekly and monthly KST are mildly bearish, suggesting some caution. The Dow Theory indicates a mildly bullish position on the weekly timeframe, while the monthly remains mildly bearish. Overall, the mixed signals from different timeframes indicate a cautiously optimistic outlook for Prakash Industri.
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