Is Indo Borax & Ch. technically bullish or bearish?

Jun 24 2025 08:08 AM IST
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As of June 23, 2025, the market trend has shifted to bullish with moderate strength, supported by a bullish MACD on the weekly timeframe and positive moving averages, despite some mixed signals from other indicators.
As of 23 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish moving averages on the daily timeframe, and mildly bullish Bollinger Bands on the monthly timeframe. The KST is bullish on the weekly but mildly bearish on the monthly, while the Dow Theory shows a mildly bullish stance on the monthly. Despite the monthly MACD being mildly bearish, the overall momentum and returns compared to the Sensex indicate a strong performance, particularly over the longer-term periods.
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