What is the technical trend for Mega Nirman?

Jun 09 2025 06:36 PM IST
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As of May 26, 2025, Mega Nirman's trend has shifted to mildly bullish, supported by positive weekly MACD and KST indicators, although daily moving averages show a slight bearish stance, suggesting cautious optimism overall.
As of 26 May 2025, the technical trend for Mega Nirman has changed from sideways to mildly bullish. The weekly MACD and KST are both bullish, supporting a positive outlook. Bollinger Bands are also indicating bullish momentum on both weekly and monthly time frames. However, the daily moving averages are showing a mildly bearish stance, which tempers the overall bullish sentiment. The Dow Theory aligns with a mildly bullish perspective on both weekly and monthly charts. Despite the daily bearish signal, the overall strength of the bullish indicators suggests a cautious optimism in the current trend.
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