Is Rane (Madras) technically bullish or bearish?
As of July 2, 2025, the trend for Rane (Madras) has shifted to mildly bullish, supported by daily moving averages and weekly MACD, though caution is advised due to a bearish weekly RSI and mixed signals from monthly indicators.
As of 2 July 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating a bullish trend and the weekly MACD also showing bullish momentum. However, the weekly RSI remains bearish, suggesting some caution. The Bollinger Bands on both weekly and monthly time frames are mildly bullish, supporting the overall positive outlook. Despite the mixed signals from the monthly MACD and KST, the shift in trend and daily indicators suggest a cautiously optimistic sentiment for Rane (Madras) in the near term.
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