Is Rane (Madras) technically bullish or bearish?

Aug 19 2025 08:10 AM IST
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As of August 18, 2025, the trend is mildly bullish with daily indicators showing positive momentum, but caution is advised due to mixed signals from weekly and monthly analyses indicating underlying bearish pressures.
As of 18 August 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a daily moving average indicating bullish momentum. However, the weekly and monthly MACD, KST, and Dow Theory remain mildly bearish, suggesting caution. The Bollinger Bands show a bullish signal on the weekly timeframe, while the monthly remains sideways. Overall, the mixed signals across different timeframes indicate a cautious bullish outlook with underlying bearish pressures.
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