Is UltraTech Cem. technically bullish or bearish?

Oct 07 2025 08:14 AM IST
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As of October 6, 2025, UltraTech Cement shows a mildly bullish trend driven by daily moving averages, though caution is advised due to mixed signals from weekly and monthly indicators.
As of 6 October 2025, the technical trend for UltraTech Cement has changed from sideways to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum. However, the weekly and monthly MACD and KST are mildly bearish, suggesting some caution. The Bollinger Bands show a mildly bullish trend on the monthly timeframe, while the On-Balance Volume (OBV) indicates a bullish trend on the monthly as well. Overall, the mixed signals from different timeframes indicate a cautiously optimistic outlook.
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