Is Reliance Industr technically bullish or bearish?
As of November 3, 2025, the market trend is bullish, supported by strong weekly and monthly MACD readings and daily moving averages, despite mixed signals from Bollinger Bands and KST.
As of 3 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the weekly and monthly MACD readings, both of which are bullish. Daily moving averages also support this bullish sentiment. While Bollinger Bands show a mildly bullish trend on both weekly and monthly time frames, the KST indicates a bullish stance on the weekly but mildly bearish on the monthly. The RSI shows no signal in both time frames, and Dow Theory indicates no trend. Overall, the strength of the bullish stance is supported primarily by the MACD and moving averages.
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