Is Hind Rectifiers technically bullish or bearish?

Jun 22 2025 08:04 AM IST
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As of June 20, 2025, Hind Rectifiers shows a bullish trend supported by daily moving averages and weekly MACD, though caution is advised due to mixed signals from monthly indicators.
As of 20 June 2025, the technical trend for Hind Rectifiers has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the daily moving averages, which are bullish. The weekly MACD is also bullish, supporting the positive outlook. However, the monthly MACD and KST are mildly bearish, suggesting some caution in the longer term. The Bollinger Bands indicate a mildly bullish trend on both weekly and monthly time frames. Overall, while there are mixed signals in the longer time frames, the current daily indicators and the recent trend change support a bullish stance.
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