Is Hindustan Motors technically bullish or bearish?

Jun 28 2025 08:04 AM IST
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As of June 27, 2025, Hindustan Motors shows a bullish trend supported by daily moving averages and a bullish MACD, although caution is advised due to mixed signals from monthly indicators.
As of 27 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the daily moving averages and a bullish MACD on the weekly chart. The Bollinger Bands are also showing a mildly bullish trend on both weekly and monthly time frames. However, the monthly MACD and KST remain mildly bearish, indicating some caution. The On-Balance Volume (OBV) is bullish on both weekly and monthly charts, reinforcing the positive momentum. Overall, while there are mixed signals in the longer time frames, the current technical indicators suggest a bullish outlook for Hindustan Motors.
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