Is Sh.Renuka Sugar technically bullish or bearish?

Sep 03 2025 08:09 AM IST
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As of September 2, 2025, the market trend is mildly bearish, influenced by daily moving averages and bearish KST signals, despite some mildly bullish indications from the weekly MACD and Dow Theory.
As of 2 September 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the KST showing bearish signals on both weekly and monthly time frames. While the weekly MACD and Dow Theory suggest a mildly bullish outlook, the overall strength remains weak due to the monthly bearish indicators and the lack of strong signals from the RSI and OBV.
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