Is Savita Oil Tech technically bullish or bearish?

Sep 26 2025 08:11 AM IST
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As of September 25, 2025, Savita Oil Tech's technical trend has shifted to a bearish stance, supported by bearish daily moving averages and Bollinger Bands, despite mixed signals from the MACD and other indicators.
As of 25 September 2025, the technical trend for Savita Oil Tech has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages which are bearish, and the Bollinger Bands indicating a bearish trend on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, suggesting mixed signals. The KST and Dow Theory are also indicating a mildly bearish outlook on the weekly. Overall, the combination of these indicators supports a bearish sentiment in the current market environment.
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