Is Shree Rama News. technically bullish or bearish?
As of 16 September 2025, the market trend is bullish with moderate strength, supported by positive daily moving averages and a bullish monthly MACD, despite some caution from mildly bearish weekly indicators.
As of 16 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include the daily moving averages which are bullish, and the monthly MACD which is also bullish. Additionally, the OBV is bullish on both weekly and monthly time frames. However, the weekly MACD and KST are mildly bearish, indicating some caution. Overall, the bullish trend is supported by strong performance metrics, including a significant year-to-date return of 90.30% compared to the Sensex.
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