Is Axis Bank technically bullish or bearish?

Jun 26 2025 08:06 AM IST
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As of June 25, 2025, the technical trend is mildly bullish, supported by daily moving averages and weekly MACD signals, but tempered by mixed longer-term indicators suggesting caution.
As of 25 June 2025, the technical trend has changed from bullish to mildly bullish. The current technical stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum and the weekly MACD also showing bullish signals. However, the monthly MACD and KST are mildly bearish, which suggests some caution. The Bollinger Bands on both weekly and monthly time frames are indicating bullish conditions, while the Dow Theory presents a mixed view with a mildly bearish weekly stance but a bullish monthly outlook. Overall, the strength of the bullish sentiment is tempered by the mixed signals from longer time frames.
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