Is I R F C technically bullish or bearish?

Oct 29 2025 08:22 AM IST
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As of 28 October 2025, the trend has shifted to bearish with moderate strength, supported by daily moving averages and Bollinger Bands, despite mixed signals from the MACD and a year-to-date decline of 17.58% against the Sensex.
As of 28 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators include the daily moving averages indicating bearishness, and the weekly Bollinger Bands and KST both confirming a bearish outlook. The MACD shows a mildly bullish signal on the weekly timeframe but is mildly bearish on the monthly, indicating mixed signals. Overall, the bearish trend is reinforced by the recent performance against the Sensex, with a significant year-to-date decline of 17.58%.
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