Is UltraTech Cem. technically bullish or bearish?
As of 11 August 2025, UltraTech Cement's technical trend has shifted to bullish, supported by strong indicators like a bullish weekly MACD, positive daily moving averages, and bullish Bollinger Bands, despite some mixed signals from the monthly MACD and KST.
As of 11 August 2025, the technical trend for UltraTech Cement 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 confirm a bullish trend. The Bollinger Bands are bullish on both the weekly and monthly time frames. The monthly RSI is bullish, indicating positive momentum, while the KST shows a bullish signal on the weekly but is mildly bearish monthly. Despite some mixed signals from the monthly MACD and KST, the overall strength of the bullish indicators suggests a favorable outlook for UltraTech Cement.
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