Is Welspun Enterp technically bullish or bearish?

Oct 16 2025 08:06 AM IST
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As of October 15, 2025, Welspun Enterp shows a mildly bullish trend supported by the weekly MACD and Bollinger Bands, despite mixed signals from moving averages and monthly indicators.
As of 15 October 2025, the technical trend for Welspun Enterp has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive trend, while the monthly MACD shows a mildly bearish stance, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting upward price momentum. Moving averages on the daily chart are mildly bearish, which contrasts with the overall bullish sentiment. The KST is bullish weekly but mildly bearish monthly, and Dow Theory indicates a mildly bullish position on both weekly and monthly charts. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from moving averages and the monthly indicators.
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