Is India Pesticides technically bullish or bearish?

As of 17 November 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, primarily driven by the weekly MACD and Bollinger Bands both indicating bearish conditions. The Dow Theory also supports this view with a mildly bearish signal on both weekly and monthly time frames. The daily moving averages show a mildly bullish stance, but this is overshadowed by the overall bearish indicators. The stock's recent performance has lagged behind the Sensex, with significant declines over the past week and month. Overall, the combination of these factors suggests a cautious outlook for India Pesticides.