Is Shriram Pistons technically bullish or bearish?

Nov 05 2025 08:30 AM IST
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As of November 4, 2025, Shriram Pistons shows a mildly bullish trend, supported by bullish Bollinger Bands and Dow Theory, despite some uncertainty indicated by the MACD, RSI, and OBV.
As of 4 November 2025, the technical trend for Shriram Pistons has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bearish stance, while the Bollinger Bands on the weekly chart are bullish, suggesting potential upward movement. The Dow Theory also supports a mildly bullish outlook on the weekly timeframe. However, the lack of signals in the RSI and the absence of trends in OBV indicate some uncertainty. Overall, the current technical stance is mildly bullish, driven primarily by the Bollinger Bands and Dow Theory indicators.
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