Is Indoco Remedies technically bullish or bearish?

Jul 01 2025 08:11 AM IST
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As of June 30, 2025, Indoco Remedies shows a neutral technical stance with mixed signals: bullish weekly MACD and Bollinger Bands, but bearish monthly MACD and daily moving averages, indicating uncertainty in price direction.
As of 30 June 2025, the technical trend for Indoco Remedies has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is bullish, while the monthly MACD is bearish, indicating conflicting momentum. Bollinger Bands are bullish on both weekly and monthly charts, suggesting potential upward movement. However, daily moving averages are mildly bearish, which tempers the overall outlook. The KST shows a bullish weekly trend but is bearish monthly, and Dow Theory indicates a mildly bullish stance on both time frames. The OBV is neutral weekly but mildly bullish monthly. Overall, the strength of the current technical stance is weak, reflecting uncertainty in price direction.
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