Is Shriram Pistons technically bullish or bearish?
As of June 30, 2025, Shriram Pistons shows a mildly bullish trend with a current price of 2499.00, but mixed indicators like MACD and RSI suggest moderate strength and lack of strong conviction.
As of 30 June 2025, the technical trend for Shriram Pistons has changed from sideways to mildly bullish. The weekly Bollinger Bands indicate a bullish stance, while the MACD and KST show no signals in the weekly and monthly time frames. The current price of 2499.00 is above the previous close of 2461.65, suggesting positive momentum. However, the absence of clear signals from the MACD, RSI, and Dow Theory indicates a lack of strong conviction in the bullish trend. Overall, the stance is mildly bullish, but the strength is moderate due to mixed indicators.
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