Is Shalimar Paints technically bullish or bearish?

Jul 04 2025 08:05 AM IST
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As of July 3, 2025, Shalimar Paints has shifted to a bearish trend with moderate strength, supported by daily moving averages and monthly indicators, despite some mild bullishness in the weekly KST.
As of 3 July 2025, the technical trend for Shalimar Paints has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The daily moving averages indicate a bearish trend, while the monthly MACD and Bollinger Bands also confirm a bearish outlook. The weekly KST shows mild bullishness, but overall, the indicators suggest a prevailing bearish sentiment. The stock has underperformed significantly against the Sensex over multiple time frames, further supporting the bearish view.
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