Is ICICI Lombard technically bullish or bearish?

Nov 04 2025 08:49 AM IST
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As of November 3, 2025, the market trend has shifted to bullish, supported by strong indicators like a bullish weekly MACD, positive daily moving averages, and a recent price high of 2016.00 above the previous close of 1995.20.
As of 3 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages also indicate a bullish trend. The Bollinger Bands are bullish on both weekly and monthly time frames. The monthly RSI is bullish, although the weekly RSI shows no signal. While the KST is bullish weekly, it remains mildly bearish monthly. Overall, the strength of the bullish trend is supported by the recent price action, with today's high reaching 2016.00, above the previous close of 1995.20.
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