Is Rane (Madras) technically bullish or bearish?
As of September 2, 2025, the technical trend is mildly bullish, supported by daily moving averages and weekly Dow Theory, although caution is warranted due to mildly bearish signals from the MACD and KST.
As of 2 September 2025, the technical trend has changed from sideways to mildly bullish. The daily moving averages indicate a mildly bullish stance, while the weekly Dow Theory also supports this bullish outlook. However, the MACD and KST on the weekly and monthly time frames are both mildly bearish, which introduces some caution. The Bollinger Bands are bullish on both weekly and monthly charts, suggesting potential upward movement. Overall, the current technical stance is mildly bullish, driven primarily by daily moving averages and weekly Dow Theory, despite some bearish signals from MACD and KST.
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