Is Indiamart Inter. technically bullish or bearish?

Aug 30 2025 08:07 AM IST
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As of August 29, 2025, the technical trend is bullish, supported by strong indicators like a bullish MACD and moving averages, although caution is advised due to a bearish monthly KST.
As of 29 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the moving averages are also bullish on the daily time frame. The Bollinger Bands indicate a bullish trend on the monthly level and mildly bullish on the weekly. Although the KST is bullish weekly, it is bearish monthly, which introduces some caution. The Dow Theory shows a mildly bullish stance on both weekly and monthly time frames, while the OBV reflects a mildly bullish trend as well. Overall, the strength of the bullish signal is reinforced by the recent price action, with today's high surpassing the previous close.
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