Is Hindustan Zinc technically bullish or bearish?

Oct 25 2025 08:18 AM IST
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As of October 24, 2025, the market trend is bullish with moderate strength, supported by a bullish MACD and moving averages, though caution is advised due to mildly bearish monthly indicators.
As of 24 October 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, bullish moving averages on the daily chart, and a mildly bullish KST on the weekly. However, the monthly MACD and KST are mildly bearish, indicating some caution. The Dow Theory shows a mildly bullish stance on both weekly and monthly time frames, while the OBV is also mildly bullish. Overall, the bullish trend is supported by recent price action, with today's high reaching 496.45, above the previous close of 482.15.
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