Is India Pesticides technically bullish or bearish?

Nov 06 2025 08:30 AM IST
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As of November 4, 2025, the technical trend is mildly bearish, indicated by bearish MACD signals and Bollinger Bands on weekly and monthly time frames, despite daily moving averages showing mild bullishness.
As of 4 November 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD indicators both showing a bearish signal. The Bollinger Bands also confirm a bearish outlook on both time frames. The Dow Theory aligns with this sentiment, indicating a mildly bearish trend. Although the daily moving averages are mildly bullish, they are overshadowed by the overall bearish signals from the weekly and monthly indicators. The stock has underperformed the Sensex over the past month and year, further supporting the bearish stance.
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