Is Saurashtra Cem. technically bullish or bearish?

Oct 15 2025 08:14 AM IST
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As of 14 October 2025, the technical trend has shifted to mildly bearish, supported by bearish MACD readings, Bollinger Bands, and confirmation from KST and Dow Theory, despite some daily moving averages showing mild bullishness.
As of 14 October 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a bearish outlook. Bollinger Bands are also bearish on both time frames, reinforcing the negative sentiment. The KST and Dow Theory confirm this bearish trend on a weekly and monthly basis. Although daily moving averages show a mildly bullish signal, the overall technical indicators suggest weakness. The stock has underperformed significantly compared to the Sensex over various periods, further supporting the bearish view.
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