Is Indian Bank technically bullish or bearish?

Jul 30 2025 08:01 AM IST
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As of July 29, 2025, Indian Bank's technical trend is mildly bullish, supported by bullish daily moving averages and a weekly MACD, despite mixed signals from the monthly MACD and Bollinger Bands.
As of 29 July 2025, the technical trend for Indian Bank has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The daily moving averages are bullish, supporting a positive short-term outlook. The weekly Bollinger Bands are mildly bullish, suggesting some upward momentum, although the monthly Bollinger Bands are sideways, indicating a lack of strong direction. The Dow Theory shows a bullish stance on the monthly chart, but no trend is present on the weekly chart. Overall, the current technical stance is mildly bullish, driven primarily by the bullish daily moving averages and the weekly MACD.
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