Is Prataap Snacks technically bullish or bearish?

Nov 05 2025 08:34 AM IST
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As of November 4, 2025, the trend is mildly bullish, supported by positive weekly indicators like MACD and Bollinger Bands, though daily moving averages are mildly bearish, indicating some caution.
As of 4 November 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and bullish signals from Bollinger Bands and On-Balance Volume (OBV) on both weekly and monthly timeframes. Dow Theory also indicates a mildly bullish outlook on both weekly and monthly charts. However, the daily moving averages are mildly bearish, which adds some caution to the overall bullish sentiment. The lack of signals from the RSI on both timeframes suggests a neutral momentum. Overall, the strength of the bullish stance is moderate, influenced by the positive weekly indicators.
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