Is Vardhman Special technically bullish or bearish?

Sep 17 2025 08:04 AM IST
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As of 16 September 2025, the technical trend has shifted to bullish, supported by strong indicators like the weekly MACD and OBV, although caution is advised due to mildly bearish signals in the monthly MACD and KST.
As of 16 September 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish. Daily moving averages also indicate a bullish trend. However, the monthly MACD and KST are mildly bearish, suggesting some caution in the longer term. The On-Balance Volume (OBV) is bullish on both weekly and monthly time frames, reinforcing the positive momentum. Overall, the strength of the bullish stance is supported by the recent price action and the positive returns compared to the Sensex across multiple time frames.
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