Is Zuari Industries technically bullish or bearish?

Aug 11 2025 08:04 AM IST
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As of August 8, 2025, the technical trend has shifted to mildly bearish, with mixed signals from moving averages, KST, MACD, and Bollinger Bands indicating caution despite a mildly bullish Dow Theory.
As of 8 August 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the KST showing a mildly bearish signal on both weekly and monthly time frames. While the MACD is mildly bullish on the weekly chart, it turns mildly bearish on the monthly, which adds to the mixed signals. The Bollinger Bands are bullish weekly but bearish monthly, further contributing to the overall bearish sentiment. The Dow Theory remains mildly bullish on both time frames, but the overall indicators suggest caution.
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