Is Saregama India technically bullish or bearish?
As of June 13, 2025, the trend is mildly bullish due to positive weekly indicators, though caution is advised from monthly signals and recent price declines.
As of 13 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the weekly MACD and KST indicators showing bullish signals, along with mildly bullish readings from the Bollinger Bands and Dow Theory. However, the monthly MACD and KST are mildly bearish, indicating some caution. The daily moving averages are also mildly bullish, supporting the overall positive outlook. Despite recent price declines, the long-term performance remains strong, particularly over 5 and 10 years.
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