Is Saregama India technically bullish or bearish?

Aug 23 2025 08:06 AM IST
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As of August 22, 2025, the market trend is mildly bearish, supported by bearish momentum from the weekly MACD and KST indicators, daily moving averages, and Bollinger Bands, despite a bullish OBV on the monthly timeframe.
As of 22 August 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and KST indicators, both indicating bearish momentum. The daily moving averages also confirm a bearish outlook. The Bollinger Bands on the weekly chart suggest a mildly bearish trend, while the monthly indicators show a sideways movement. The OBV indicates a bullish trend on the monthly timeframe, but this is not enough to offset the overall bearish sentiment. Thus, the strength of the bearish stance is moderate, with no strong bullish signals present in the current technical data.
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