Is HDFC AMC technically bullish or bearish?
As of July 8, 2025, the market trend is bullish, supported by strong MACD and moving averages, with today's high at 5168.90, despite a mildly bearish KST on the monthly chart.
As of 8 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the moving averages on the daily chart also confirm a bullish trend. The Bollinger Bands are bullish on the weekly and mildly bullish on the monthly, indicating upward momentum. The On-Balance Volume (OBV) is bullish on the weekly, suggesting strong buying interest. However, the KST is mildly bearish on the monthly, which could indicate some caution. Overall, the strength of the bullish stance is reinforced by the recent price action, with today's high reaching 5168.90, above the previous close of 4991.95.
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