Is UltraTech Cem. technically bullish or bearish?

Oct 03 2025 08:18 AM IST
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As of October 1, 2025, the market trend has shifted to sideways with a neutral stance and weak bearish sentiment, indicated by the weekly MACD and KST, while daily moving averages provide mild support amidst overall market indecision.
As of 1 October 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with a weak bearish sentiment indicated by the weekly MACD and KST both showing mildly bearish signals. The monthly indicators also reflect a mildly bearish outlook. The daily moving averages are mildly bullish, providing some support, but overall, the lack of strong signals from the RSI and the sideways Bollinger Bands suggest indecision in the market. The Dow Theory indicates a mildly bearish trend on the weekly timeframe, further supporting a cautious stance.
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