Is Shankara Build. technically bullish or bearish?

Jul 11 2025 08:05 AM IST
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As of July 10, 2025, the market trend is bullish with strong indicators like a bullish MACD and moving averages, although caution is advised due to a bearish monthly RSI and mildly bearish OBV, with the current price at 1028.20 above the previous close of 999.00.
As of 10 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the moving averages indicate a bullish trend on the daily chart. Additionally, Bollinger Bands are bullish on the weekly and mildly bullish on the monthly. The KST is also bullish on both weekly and monthly time frames. However, the monthly RSI shows a bearish signal, and the OBV is mildly bearish on the weekly, which suggests some caution. Overall, the strength of the bullish trend is reinforced by the recent price action, with the current price at 1028.20, above the previous close of 999.00.
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