What is the technical trend for Sheshadri Indus.?

Jun 09 2025 05:34 PM IST
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As of May 27, 2025, Sheshadri Indus shows a bullish trend supported by positive MACD and Bollinger Bands, though the bearish RSI indicates some momentum weakness.
As of 27 May 2025, the technical trend for Sheshadri Indus has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting the positive trend. Additionally, Bollinger Bands are bullish on both time frames, and the KST is also bullish weekly and monthly. However, the RSI indicates bearish conditions on both the weekly and monthly charts, suggesting some weakness in momentum. Moving averages on the daily chart are bullish, reinforcing the overall bullish stance. Dow Theory reflects a mildly bullish outlook on both weekly and monthly bases. Overall, the current technical stance is bullish, but the strength is tempered by the bearish RSI readings.
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