Is Schaeffler India technically bullish or bearish?

Aug 05 2025 08:13 AM IST
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As of 4 August 2025, Schaeffler India shows a mildly bullish trend supported by moving averages and Bollinger Bands, but caution is advised due to a mildly bearish weekly MACD and mixed signals from the KST.
As of 4 August 2025, the technical trend for Schaeffler India has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by daily moving averages indicating mild bullishness and Bollinger Bands showing a mildly bullish trend on both weekly and monthly time frames. However, the weekly MACD is mildly bearish, which introduces some caution. The KST shows a bullish signal on the weekly but is mildly bearish on the monthly, indicating mixed signals across time frames. Overall, while there are some bullish indicators, the presence of bearish signals in the MACD suggests a cautious outlook.
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