Is Rama Steel Tubes technically bullish or bearish?

Nov 08 2025 08:15 AM IST
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As of November 7, 2025, Rama Steel Tubes exhibits a mildly bearish trend, influenced by daily moving averages and weekly KST showing bearish momentum, despite some mildly bullish signals from the MACD and OBV.
As of 7 November 2025, the technical trend for Rama Steel Tubes has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the weekly KST showing bearish momentum. While the weekly MACD and OBV are mildly bullish, they are not strong enough to offset the overall bearish signals from the Bollinger Bands and the monthly indicators. The lack of clear signals from the RSI further supports a neutral to mildly bearish outlook.
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