Is Shankar Lal Ram. technically bullish or bearish?

Jul 19 2025 08:09 AM IST
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As of July 18, 2025, the market trend is mildly bearish, indicated by mixed signals from key indicators like the MACD, RSI, and moving averages, despite some bullish signs from KST and OBV.
As of 18 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD shows a bullish signal on the weekly chart but is bearish on the monthly, indicating mixed momentum. The RSI is bearish on the weekly timeframe, suggesting downward pressure, while the monthly RSI shows no signal. Moving averages on the daily chart are mildly bearish, reinforcing the negative sentiment. Additionally, the Dow Theory indicates a mildly bearish stance on the weekly chart and mildly bullish on the monthly, further contributing to the overall bearish outlook. Despite some bullish signals from the KST and OBV on the weekly and monthly charts, the prevailing indicators suggest caution.
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