Is Religare Enterp. technically bullish or bearish?

Aug 16 2025 08:06 AM IST
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As of 14 August 2025, Religare Enterprises shows a mildly bullish trend supported by bullish MACD and Bollinger Bands, though caution is advised due to a bearish weekly RSI and mixed signals from KST and OBV.
As of 14 August 2025, the technical trend for Religare Enterprises has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly chart and bullish Bollinger Bands on both weekly and monthly time frames. Daily moving averages also indicate a bullish trend. However, the weekly RSI remains bearish, and both the KST and OBV show mixed signals with a mildly bearish stance on the monthly. Overall, while there are bullish indicators, the presence of bearish signals in the RSI and Dow Theory suggests caution.
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