Is Rama Steel Tubes technically bullish or bearish?
As of November 3, 2025, Rama Steel Tubes is in a bearish trend, indicated by weak MACD readings, bearish Bollinger Bands, and underperformance against the Sensex, despite mildly bearish daily moving averages.
As of 3 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Rama Steel Tubes is bearish with a strong indication of weakness. Key indicators driving this stance include the bearish MACD readings on both weekly and monthly time frames, bearish Bollinger Bands, and a bearish KST. The daily moving averages are mildly bearish, but the overall sentiment remains negative. Additionally, the stock has underperformed significantly against the Sensex over multiple periods, further supporting the bearish outlook.
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