Is Vikram Thermo technically bullish or bearish?

Nov 18 2025 08:30 AM IST
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As of November 17, 2025, the market trend is mildly bearish due to daily moving averages indicating bearish momentum, despite some bullish signals on the weekly timeframe.
As of 17 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum. While the weekly MACD and KST are bullish, the monthly indicators show a mixed picture with the MACD and Bollinger Bands both mildly bearish. The Dow Theory supports a mildly bullish view on the weekly timeframe, but overall, the combination of bearish daily moving averages and the recent price decline from 174.65 to 167.30 reinforces the bearish sentiment.
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