Is SBI Cards technically bullish or bearish?

Nov 07 2025 08:17 AM IST
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As of November 6, 2025, the trend is mildly bullish due to daily moving averages and weekly MACD, but caution is advised due to a mildly bearish monthly MACD and mixed indicators from Dow Theory.
As of 6 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating mild bullishness and the weekly MACD remaining bullish. However, the monthly MACD is mildly bearish, which suggests some caution. The Bollinger Bands on a monthly basis are mildly bullish, while the weekly KST remains bullish, supporting the overall mildly bullish outlook. The Dow Theory indicates a mildly bearish stance on the weekly chart, which adds a layer of complexity to the analysis. Overall, while there are bullish signals, the mixed indicators suggest a cautious approach.
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