Is HCL Infosystems technically bullish or bearish?

Jun 23 2025 08:02 AM IST
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As of June 20, 2025, HCL Infosystems shows a mildly bullish trend driven by daily moving averages, though mixed signals from longer-term indicators suggest potential resistance at higher levels.
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, driven primarily by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST are also bullish, which supports the positive outlook. Despite this, the monthly indicators, including MACD and Bollinger Bands, remain bearish, indicating potential resistance at higher levels. The overall strength of the bullish signal is tempered by the mixed signals from the longer-term indicators, particularly the weekly Dow Theory and OBV, which are mildly bearish.
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