Is Ajanta Pharma technically bullish or bearish?
As of November 19, 2025, the market trend is mildly bearish, supported by mixed indicators such as a mildly bullish weekly MACD and a bearish monthly MACD, with additional bearish signals from Bollinger Bands and KST.
As of 19 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The RSI shows no signal on the weekly chart but is bullish on the monthly, suggesting some strength in the longer term. Bollinger Bands and KST are both bearish on the weekly and monthly charts, reinforcing the bearish sentiment. Moving averages indicate a mildly bearish trend on the daily timeframe. Overall, while there are some bullish signals in the longer timeframes, the prevailing sentiment remains mildly bearish.
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