Is TVS Srichakra technically bullish or bearish?

Sep 17 2025 08:04 AM IST
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As of September 16, 2025, the market trend is mildly bearish due to bearish daily moving averages and weekly KST, despite some mildly bullish signals from the weekly MACD, indicating a cautious approach is advisable.
As of 16 September 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook and the weekly KST also being bearish. While the weekly MACD shows a mildly bullish signal, the overall monthly indicators, including MACD and Bollinger Bands, lean towards bearish. The Dow Theory presents a mildly bullish view on the weekly timeframe, but the lack of strong signals in the RSI and OBV suggests a weak momentum. Overall, the mixed signals indicate a cautious approach is warranted.
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