Is Shalimar Paints technically bullish or bearish?

Nov 11 2025 08:14 AM IST
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As of November 10, 2025, Shalimar Paints shows a mildly bearish trend due to mixed technical indicators, with weekly signals suggesting caution and monthly indicators remaining bearish.
As of 10 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The weekly MACD shows a mildly bullish signal, but the monthly MACD remains bearish. The moving averages on the daily timeframe are bearish, and Bollinger Bands indicate bearish conditions on both weekly and monthly timeframes. The KST is mildly bullish on the weekly but bearish on the monthly, while Dow Theory suggests a mildly bullish stance on the monthly but no trend on the weekly. Overall, the mixed signals indicate a cautious outlook for Shalimar Paints.
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