Is UltraTech Cem. technically bullish or bearish?

Aug 08 2025 08:07 AM IST
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As of August 7, 2025, UltraTech Cement's technical trend is bullish, supported by strong indicators like a bullish weekly MACD and daily moving averages, despite some mixed signals from the KST and Dow Theory.
As of 7 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages also indicate bullish momentum. The Bollinger Bands are bullish on both weekly and monthly time frames. The monthly RSI shows bullish strength, while the KST is bullish on the weekly but mildly bearish on the monthly. The Dow Theory presents a mildly bearish signal on the weekly but shows no trend on the monthly. Overall, the bullish indicators, particularly in the daily and weekly time frames, suggest a strong upward momentum for UltraTech Cement.
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