Is Repro India technically bullish or bearish?
As of 28 August 2025, the trend has shifted to mildly bullish due to positive daily moving averages, but caution is advised as weekly and monthly indicators remain bearish.
As of 28 August 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating a positive shift. However, the weekly and monthly MACD, Bollinger Bands, and KST remain bearish, suggesting caution. The Dow Theory shows a mildly bullish trend on the monthly timeframe, but the overall strength is tempered by the bearish signals in the longer timeframes. The lack of strong momentum in the RSI and OBV further supports a cautious outlook despite the recent trend change.
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