Is Sharat Industrie technically bullish or bearish?

Nov 18 2025 08:29 AM IST
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As of November 17, 2025, the market trend is mildly bullish, supported by daily moving averages and Bollinger Bands, but tempered by mixed signals from the weekly MACD, KST, and Dow Theory, indicating moderate overall bullish strength.
As of 17 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum, while the weekly MACD and KST show mildly bearish signals. The Bollinger Bands are mildly bullish on the weekly and bullish on the monthly, supporting the overall positive outlook. However, the Dow Theory indicates a mildly bearish stance on the monthly timeframe, which tempers the bullish sentiment. The RSI shows no signals on both weekly and monthly timeframes, suggesting a lack of strong momentum. Overall, the strength of the bullish stance is moderate, influenced by mixed signals across different indicators.
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Our weekly and monthly stock recommendations are here
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