Is Afcons Infrastr. technically bullish or bearish?

Oct 29 2025 08:22 AM IST
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As of 28 October 2025, the trend has shifted to bullish, supported by positive daily moving averages and Bollinger Bands, though a mildly bearish Dow Theory on the weekly chart tempers the overall sentiment.
As of 28 October 2025, the technical trend has changed from sideways to bullish. The current stance is bullish with a moderately strong outlook. Key indicators driving this include a bullish signal from the daily moving averages and a bullish reading from the weekly Bollinger Bands. The MACD on a weekly basis is mildly bullish, while the On-Balance Volume (OBV) is bullish for both weekly and monthly time frames. However, the Dow Theory indicates a mildly bearish stance on the weekly chart, which slightly tempers the overall bullish sentiment.
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