Is HCL Infosystems technically bullish or bearish?

Jun 21 2025 08:03 AM IST
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As of June 20, 2025, HCL Infosystems shows a mildly bullish trend driven by daily moving averages and weekly MACD signals, but caution is advised due to bearish monthly indicators and mixed signals across timeframes.
As of 20 June 2025, the technical trend for HCL Infosystems has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum and the weekly MACD also showing bullish signals. However, the monthly indicators, including MACD and KST, remain bearish, suggesting caution. The Bollinger Bands on the weekly timeframe are mildly bullish, while the Dow Theory indicates a mildly bearish stance on the weekly chart. Overall, the mixed signals across different timeframes suggest a cautious approach despite the recent trend change.
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