Is Hindalco Inds. technically bullish or bearish?

Jul 03 2025 08:07 AM IST
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As of July 2, 2025, Hindalco Inds. shows a mildly bullish trend supported by positive indicators like a bullish MACD and Bollinger Bands, despite some caution from daily moving averages remaining mildly bearish.
As of 2 July 2025, the technical trend for Hindalco Inds. has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly time frames, and a bullish On-Balance Volume (OBV) on the weekly chart. The Dow Theory also indicates a mildly bullish outlook on both weekly and monthly time frames. However, the daily moving averages remain mildly bearish, which suggests some caution. Overall, the strength of the bullish signal is moderate, with key indicators pointing towards a positive trend in the near term.
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