Is Religare Enterp. technically bullish or bearish?
As of September 1, 2025, Religare Enterprises shows a mildly bullish trend driven by daily moving averages, but caution is advised due to mildly bearish weekly and monthly MACD readings and mixed signals from Bollinger Bands across different timeframes.
As of 1 September 2025, the technical trend for Religare Enterprises has changed from sideways to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating a bullish signal. However, the weekly and monthly MACD readings are mildly bearish, suggesting some caution. The Bollinger Bands on the weekly timeframe are bullish, while the monthly remains sideways, indicating mixed signals across different timeframes. Overall, the strength of the bullish stance is tempered by the bearish indicators on the MACD and KST in the longer timeframes.
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