Is Shanthi Gears technically bullish or bearish?

Oct 08 2025 08:07 AM IST
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As of 7 October 2025, the trend is mildly bullish due to daily moving averages, but caution is advised as weekly and monthly indicators show bearish signals, resulting in a cautiously optimistic outlook.
As of 7 October 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating a bullish trend. However, the weekly and monthly MACD and KST readings are mildly bearish, suggesting some caution. The Bollinger Bands on the weekly chart are bullish, while the monthly remains sideways. Overall, the mixed signals from various time frames indicate a cautiously optimistic outlook, but the strength of the bullish trend is tempered by bearish indicators in the longer time frames.
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