Is Rane (Madras) technically bullish or bearish?
As of July 18, 2025, Rane (Madras) is in a bullish trend supported by strong indicators like the weekly MACD and moving averages, although caution is advised due to mildly bearish monthly MACD and KST signals.
As of 18 July 2025, the technical trend for Rane (Madras) has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages also indicate a bullish trend. The Bollinger Bands on the weekly chart are bullish, reinforcing the positive momentum. Additionally, the On-Balance Volume (OBV) is bullish on both weekly and monthly time frames. However, the monthly MACD and KST are mildly bearish, suggesting some caution. Overall, the strength of the bullish trend is supported by the recent positive performance against the Sensex, particularly over the 3-year and 5-year periods.
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