Is Vikram Thermo technically bullish or bearish?

Nov 13 2025 08:14 AM IST
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As of November 12, 2025, the trend is mildly bullish due to supportive indicators like a bullish MACD and Bollinger Bands, but mixed signals from daily moving averages and RSI suggest a cautious approach.
As of 12 November 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and bullish Bollinger Bands on both weekly and monthly timeframes. The Dow Theory indicates a mildly bullish outlook on both weekly and monthly scales. However, the daily moving averages remain mildly bearish, which tempers the overall bullish sentiment. The RSI shows no signals, indicating a lack of momentum confirmation. Overall, while there are bullish indicators, the mixed signals suggest a cautious approach.
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