Is Adani Ports technically bullish or bearish?

Jun 27 2025 08:06 AM IST
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As of June 26, 2025, the market trend is bullish with strong indicators like a bullish weekly MACD and moving averages, although caution is advised due to mildly bearish monthly MACD and KST signals.
As of 26 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages also indicate a bullish trend. The Bollinger Bands on the weekly chart are bullish, further confirming the upward momentum. The On-Balance Volume (OBV) is bullish on both weekly and monthly time frames, suggesting strong buying pressure. However, the monthly MACD and KST are mildly bearish, and the Dow Theory shows a mildly bearish stance on the weekly chart, indicating some caution. Overall, the strength of the bullish trend is reinforced by recent price action, with today's high surpassing the previous close.
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