Is Shilchar Tech technically bullish or bearish?

Oct 28 2025 08:28 AM IST
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As of 27 October 2025, Shilchar Tech's trend has shifted to bearish with moderate strength, driven by bearish indicators across multiple time frames, despite a mildly bullish signal from Dow Theory.
As of 27 October 2025, the technical trend for Shilchar Tech has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this assessment include a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST is also bearish on the weekly and mildly bearish on the monthly. Although the Dow Theory shows a mildly bullish signal on the weekly, it is overshadowed by the overall bearish indicators. The stock has underperformed significantly compared to the Sensex over various time frames, further supporting the bearish outlook.
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