Is Hindalco Inds. technically bullish or bearish?
As of June 20, 2025, the technical trend is mildly bullish, supported by the weekly MACD and Bollinger Bands, despite mixed signals from the monthly MACD and daily moving averages.
As of 20 June 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the mildly bullish stance, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting upward momentum. The Dow Theory indicates a mildly bullish trend on the weekly chart, though there is no clear trend on the monthly chart. The daily moving averages are mildly bearish, which adds a layer of complexity. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.
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