Is Shriram AMC technically bullish or bearish?

Nov 07 2025 08:14 AM IST
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As of November 6, 2025, the market trend is mildly bearish, supported by bearish signals from the weekly MACD and KST, while the Dow Theory presents a mildly bullish view, indicating a cautious approach is advisable.
As of 6 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish momentum, while the monthly MACD and Bollinger Bands also reflect a mildly bearish outlook. The daily moving averages support this view with a mildly bearish signal. However, the Dow Theory shows a mildly bullish stance on the weekly timeframe, which adds some complexity to the overall picture. The RSI shows no signals on both weekly and monthly timeframes, indicating a lack of momentum. Overall, the indicators suggest a cautious approach given the prevailing mildly bearish sentiment.
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