Is Ramky Infra technically bullish or bearish?

Aug 23 2025 08:06 AM IST
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As of August 22, 2025, Ramky Infra's trend is bullish with moderate strength, supported by positive indicators like a bullish MACD and moving averages, though caution is advised due to mixed signals from the monthly MACD and Dow Theory.
As of 22 August 2025, the technical trend for Ramky Infra has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly time frames, and bullish moving averages on the daily chart. However, the monthly MACD and KST remain mildly bearish, indicating some caution. The Dow Theory shows a mixed signal with a mildly bearish weekly view but a mildly bullish monthly perspective. Overall, the bullish trend is supported by recent price action, including a rise from the previous close and a strong weekly return compared to the Sensex.
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