Is Usha Martin technically bullish or bearish?

Jun 30 2025 08:04 AM IST
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As of June 27, 2025, Usha Martin's technical trend has shifted to mildly bullish, supported by positive weekly indicators, although short-term caution is advised due to bearish daily moving averages.
As of 27 June 2025, the technical trend for Usha Martin has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and KST both indicating mild bullishness, along with the Dow Theory supporting a bullish outlook. Bollinger Bands also reflect a bullish trend on both weekly and monthly time frames. However, the daily moving averages are mildly bearish, which suggests some short-term caution. Overall, the strength of the bullish signal is moderate, with key indicators pointing towards a positive trend in the weekly time frame.
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