Is IDBI Bank technically bullish or bearish?

Jun 30 2025 08:03 AM IST
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As of June 27, 2025, the trend has shifted to bullish with strong indicators like the weekly MACD and moving averages supporting this view, although caution is advised due to mildly bearish signals from the monthly MACD and KST.
As of 27 June 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 both the weekly and monthly Bollinger Bands are also indicating bullish momentum. Daily moving averages are bullish, reinforcing the positive trend. However, the monthly MACD and KST are mildly bearish, suggesting some caution in the longer term. Overall, the strength of the bullish stance is supported by recent price action, with a significant weekly return of 11.23% compared to a 2.00% return in the Sensex.
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