Is Usha Martin technically bullish or bearish?

Sep 05 2025 08:08 AM IST
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As of September 4, 2025, Usha Martin's technical trend has shifted to bullish, supported by strong weekly indicators like a bullish MACD and Bollinger Bands, although caution is advised due to mildly bearish monthly indicators.
As of 4 September 2025, the technical trend for Usha Martin has changed from mildly bullish to bullish. The current stance is bullish with a strong emphasis on the weekly indicators. The MACD is bullish on the weekly chart, supporting the upward momentum. Bollinger Bands are also bullish on both weekly and monthly time frames, indicating price strength. Daily moving averages confirm a bullish trend as well. However, the monthly MACD and KST are mildly bearish, suggesting some caution. Overall, the strength of the bullish trend is reinforced by the weekly Dow Theory, which is mildly bullish.
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