Is Bharti Hexacom technically bullish or bearish?

Jun 23 2025 08:05 AM IST
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As of June 20, 2025, the market trend is mildly bullish, supported by a bullish MACD and positive signals from Bollinger Bands and daily moving averages, but tempered by bearish indicators from the weekly RSI and OBV, indicating a cautious outlook.
As of 20 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly timeframe and bullish signals from the Bollinger Bands and daily moving averages. However, the weekly RSI and OBV indicate a mildly bearish sentiment, while Dow Theory shows a mixed outlook with a mildly bearish weekly perspective and a bullish monthly view. Overall, the strength of the bullish stance is tempered by the bearish indicators, suggesting caution in the current market environment.
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