Is Sharat Industrie technically bullish or bearish?

Nov 17 2025 08:06 AM IST
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As of November 14, 2025, the market trend is bullish with moderate strength, supported by positive moving averages and Bollinger Bands, though caution is advised due to mixed signals from MACD and Dow Theory.
As of 14 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish signal from the daily moving averages, and both the weekly and monthly Bollinger Bands are bullish. However, the weekly MACD and KST are mildly bearish, indicating some caution in the short term. The Dow Theory shows a mixed signal with weekly mildly bullish and monthly mildly bearish readings. Overall, the strong performance relative to the Sensex, especially over the 1Y and 5Y periods, supports the bullish outlook.
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