Is Prakash Industri technically bullish or bearish?
As of October 24, 2025, Prakash Industries is in a bearish trend with moderate strength, indicated by bearish MACD, moving averages, and Bollinger Bands, while the RSI shows no momentum.
As of 24 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Prakash Industri is bearish with a moderate strength. Key indicators driving this stance include a bearish MACD on the weekly time frame, bearish moving averages on the daily time frame, and a bearish signal from Bollinger Bands on both weekly and monthly charts. The KST and Dow Theory also indicate bearish trends on the weekly time frame. The RSI shows no signal, suggesting a lack of momentum in either direction. Overall, the combination of these indicators supports a bearish outlook.
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