Is Welspun Enterp technically bullish or bearish?

Oct 30 2025 08:27 AM IST
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As of 29 October 2025, Welspun Enterp's technical trend has shifted to bullish with moderate strength, supported by bullish MACD, Bollinger Bands, and moving averages, despite a recent price drop.
As of 29 October 2025, the technical trend for Welspun Enterp has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish Bollinger Bands on both weekly and monthly timeframes, and bullish moving averages on the daily timeframe. The KST is bullish weekly but mildly bearish monthly, while the Dow Theory and OBV show a mildly bullish stance on both weekly and monthly timeframes. Despite a recent price drop from the previous close, the overall technical indicators suggest a positive outlook.
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