Is Havells India technically bullish or bearish?

As of 10 October 2025, the technical trend for Havells India has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum and the monthly MACD showing a mildly bearish signal. The Bollinger Bands on a monthly basis are also bearish, while the weekly KST and MACD provide a mildly bullish outlook, suggesting some divergence in shorter time frames. The Dow Theory indicates a mildly bullish stance on the monthly chart, but overall, the indicators suggest a lack of strong bullish momentum. The stock's performance relative to the Sensex over various periods shows underperformance, particularly in the 1-month and 1-year returns, further supporting the mildly bearish outlook.