Is Wheels India technically bullish or bearish?

Sep 23 2025 08:11 AM IST
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As of September 22, 2025, the trend is mildly bullish due to daily moving averages, but mixed signals from weekly MACD and Dow Theory suggest caution amid underlying bearish pressures.
As of 22 September 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum, while the weekly MACD and KST show mildly bearish signals. The Bollinger Bands on both weekly and monthly time frames are bullish, supporting the mildly bullish outlook. However, the Dow Theory indicates a mildly bearish trend on the monthly scale, suggesting caution. Overall, the mixed signals across different indicators reflect a moderately positive sentiment, but with underlying bearish pressures in the weekly timeframe.
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