Is Bharti Hexacom technically bullish or bearish?

Jun 22 2025 08:05 AM IST
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As of June 20, 2025, the trend is mildly bullish due to positive weekly MACD and Bollinger Bands, though caution is advised from mixed signals in the weekly RSI and OBV.
As of 20 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and Bollinger Bands indicating bullish momentum, while the daily moving averages also support this bullish outlook. However, the weekly RSI and OBV are mildly bearish, suggesting some caution. Dow Theory indicates a mildly bearish stance on the weekly timeframe but remains bullish on the monthly. Overall, the mixed signals from various indicators suggest a cautious bullish sentiment.
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