Is Bharti Hexacom technically bullish or bearish?

Jul 07 2025 08:06 AM IST
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As of July 4, 2025, the market trend is bullish with moderate strength, supported by a bullish MACD, moving averages, and Dow Theory signals, despite a bearish weekly RSI indicating short-term weakness.
As of 4 July 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly chart, bullish moving averages on the daily chart, and a bullish signal from Dow Theory on both weekly and monthly time frames. However, the weekly RSI is bearish, indicating some short-term weakness. Overall, the bullish trend is supported by strong performance over the past year, with a 77.34% return compared to the Sensex's 4.23%.
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