Is Shukra Pharma. technically bullish or bearish?
As of 16 October 2025, the technical trend has shifted to bullish, supported by strong indicators like the MACD and Bollinger Bands on both weekly and monthly time frames, along with positive moving averages, despite a mildly bearish KST monthly.
As of 16 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the Bollinger Bands also indicate a bullish trend on both time frames. Moving averages on the daily chart confirm a bullish outlook. Although the KST is bullish weekly and mildly bearish monthly, the overall Dow Theory is bullish for both weekly and monthly periods. The stock has shown impressive returns, significantly outperforming the Sensex across multiple time frames, reinforcing the bullish sentiment.
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