Is Sanghi Industrie technically bullish or bearish?

Oct 29 2025 08:19 AM IST
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As of 28 October 2025, the technical trend is mildly bullish due to daily moving averages and weekly MACD signals, but caution is advised as monthly indicators show mixed results with bearish tendencies in Dow Theory and KST.
As of 28 October 2025, the technical trend has changed from mildly bearish to mildly bullish. The current technical stance is mildly bullish, driven by the daily moving averages indicating bullish momentum and a weekly MACD also showing a mildly bullish signal. However, the monthly indicators present a mixed picture, with the MACD and KST both bearish, and Bollinger Bands indicating a sideways movement. The RSI on a monthly basis is bullish, which supports the overall mildly bullish outlook. Despite the recent price action, the longer-term trends suggest caution, particularly with the monthly Dow Theory and KST both indicating bearish tendencies.
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