Is Ambuja Cements technically bullish or bearish?

Jul 02 2025 08:14 AM IST
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As of July 1, 2025, the trend has shifted to bullish, supported by daily moving averages and weekly MACD, although caution is advised due to mildly bearish monthly indicators.
As of 1 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the daily moving averages and the weekly MACD. The weekly Bollinger Bands also support this bullish outlook. The monthly RSI is bullish, although the monthly MACD and KST are mildly bearish, suggesting some caution. Overall, the strength of the bullish trend is reinforced by the recent price action, with today's high surpassing the previous close, indicating positive momentum.
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