What is the technical trend for Piramal Enterp.?

Jun 09 2025 06:03 PM IST
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As of May 12, 2025, Piramal Enterprises shows a mildly bullish trend supported by positive weekly MACD, KST, and Bollinger Bands, despite some bearish signals from the RSI and daily moving averages.
As of 12 May 2025, the technical trend for Piramal Enterprises has changed from sideways to mildly bullish. The weekly MACD and KST are both bullish, supporting the positive outlook. However, the weekly RSI is bearish, indicating some weakness in momentum. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting price strength. Moving averages on the daily chart are mildly bearish, which contrasts with the overall bullish sentiment from the weekly indicators. Dow Theory also reflects a mildly bullish stance on both weekly and monthly levels. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD, KST, and Bollinger Bands, despite some bearish signals from the RSI and daily moving averages.
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