Is BASF India technically bullish or bearish?

Oct 12 2025 08:05 AM IST
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As of October 10, 2025, the technical trend is bearish with moderate strength, indicated by a bearish MACD, Bollinger Bands, and moving averages, alongside significant underperformance against the Sensex.
As of 10 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish Bollinger Bands, and bearish moving averages on the daily timeframe. The KST is also bearish on the weekly chart, while the Dow Theory indicates no trend on the weekly but mildly bearish on the monthly. The stock has underperformed significantly against the Sensex, particularly over the past year, which further supports the bearish outlook.
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