Is Sri Adhik. Bros. technically bullish or bearish?

Oct 29 2025 08:21 AM IST
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As of 28 October 2025, the market trend is mildly bearish, indicated by bearish signals from the weekly MACD, KST, and RSI, despite some short-term support from daily moving averages.
As of 28 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and KST both indicating mild bearishness, alongside a bearish RSI. The Bollinger Bands show a bearish signal on the weekly timeframe, while the moving averages on the daily are mildly bullish, suggesting some short-term support. However, the overall sentiment remains bearish, particularly in the context of the recent performance, with significant declines over the past month and year compared to the Sensex.
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