Is Honda India technically bullish or bearish?

Sep 30 2025 08:19 AM IST
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As of September 29, 2025, Honda India's technical trend is mildly bearish, supported by bearish MACD, Bollinger Bands, and KST indicators, despite daily moving averages showing mild bullishness.
As of 29 September 2025, the technical trend for Honda India has changed from sideways to mildly bearish. The weekly and monthly MACD readings are both mildly bearish, reinforcing the bearish sentiment. Bollinger Bands also indicate a bearish stance on both weekly and monthly time frames. The KST aligns with this view, showing mildly bearish conditions on both weekly and monthly charts. Although the daily moving averages are mildly bullish, this is overshadowed by the overall bearish indicators. The lack of signals from the RSI and OBV further suggests a neutral stance in those areas. Overall, the current technical stance is mildly bearish, driven primarily by the MACD, Bollinger Bands, and KST indicators.
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