Is Rane (Madras) technically bullish or bearish?

Nov 03 2025 08:06 AM IST
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As of 31 October 2025, Rane (Madras) shows a mildly bearish trend, with weekly and monthly indicators like MACD and Bollinger Bands confirming bearish momentum, despite some daily bullish signals.
As of 31 October 2025, the technical trend for Rane (Madras) has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings indicating bearish momentum. The Bollinger Bands also reflect a bearish outlook on both weekly and monthly time frames. Although the daily moving averages show a mildly bullish signal, this is overshadowed by the bearish signals from the KST and OBV on the weekly time frame. Overall, the combination of indicators suggests a weak bearish sentiment in the market for Rane (Madras).
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