Is Sangam India technically bullish or bearish?
As of August 4, 2025, Sangam India shows a mildly bearish trend due to bearish MACD and Bollinger Bands signals, despite some mildly bullish daily moving averages, indicating caution in the market.
As of 4 August 2025, the technical trend for Sangam India has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by weekly and monthly MACD readings indicating bearish momentum, along with Bollinger Bands showing bearish signals in both time frames. The KST also reflects a mildly bearish outlook on both weekly and monthly charts. While the daily moving averages are mildly bullish, they are overshadowed by the overall bearish indicators. The Dow Theory presents a mixed view with a mildly bearish weekly stance but a mildly bullish monthly perspective. Overall, the bearish signals are stronger, suggesting caution in the current market environment.
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