Is DLF technically bullish or bearish?

Jul 22 2025 08:11 AM IST
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As of July 21, 2025, DLF's trend has shifted to bullish, supported by daily moving averages and weekly MACD, though caution is advised due to mixed signals from monthly indicators and the absence of trends in RSI and Dow Theory.
As of 21 July 2025, the technical trend for DLF has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the daily moving averages and weekly MACD, both signaling bullish momentum. Bollinger Bands are also bullish on both weekly and monthly time frames. However, the monthly MACD and KST indicate a mildly bearish outlook, suggesting some caution. The absence of signals in the RSI and no trends in Dow Theory further support a mixed view. Overall, the strength of the bullish trend is reinforced by the recent price action, with today's high surpassing the previous close.
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