Is Religare Enterp. technically bullish or bearish?
As of September 16, 2025, the trend is bullish based on strong weekly indicators, despite some caution from mildly bearish monthly signals.
As of 16 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong emphasis on weekly indicators. The MACD is bullish on the weekly timeframe, and both the Bollinger Bands and KST are also indicating bullish momentum. Daily moving averages support this bullish outlook. However, the monthly MACD and KST are mildly bearish, suggesting some caution in the longer term. Overall, the strength of the bullish trend is reinforced by the weekly indicators, despite mixed signals from the monthly data.
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