Is CESC technically bullish or bearish?

Jul 07 2025 08:04 AM IST
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As of July 4, 2025, the market trend is bullish with strong indicators like the weekly MACD and Bollinger Bands supporting this view, although caution is advised due to mildly bearish monthly MACD and KST signals.
As of 4 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish. Daily moving averages also confirm a bullish trend. The On-Balance Volume (OBV) is bullish on both weekly and monthly time frames. However, the monthly MACD and KST are mildly bearish, indicating some caution. Overall, the strength of the bullish trend is reinforced by the positive performance against the Sensex over the past year and three years.
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