Is Welspun Enterp technically bullish or bearish?

Nov 18 2025 08:31 AM IST
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As of November 17, 2025, the market trend is mildly bullish, supported by bullish daily moving averages and weekly MACD, but tempered by mixed signals from the monthly MACD and weekly Dow Theory, indicating a moderate bullish sentiment with some caution.
As of 17 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by several key indicators. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The Bollinger Bands are mildly bullish on both weekly and monthly charts, supporting the upward trend. Daily moving averages are bullish, reinforcing the positive outlook in the short term. However, the weekly Dow Theory shows a mildly bearish stance, suggesting caution. Overall, the strength of the bullish sentiment is moderate, influenced by the mixed signals from longer-term indicators.
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