Is Indoco Remedies technically bullish or bearish?

Jul 11 2025 08:04 AM IST
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As of July 10, 2025, Indoco Remedies shows a mildly bullish trend overall, supported by positive weekly MACD and Bollinger Bands, despite some short-term bearish signals from daily moving averages.
As of 10 July 2025, the technical trend for Indoco Remedies has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting a positive outlook, while the monthly MACD is mildly bullish, indicating some strength in the longer term. The Bollinger Bands reflect a mildly bullish stance on the weekly chart and a bullish stance on the monthly chart, further reinforcing the upward momentum. However, the daily moving averages are mildly bearish, suggesting some short-term weakness. The KST shows a bullish signal on the weekly but is bearish on the monthly, indicating mixed signals across time frames. Overall, the current technical stance is mildly bullish, driven by the positive MACD and Bollinger Bands, despite some short-term bearishness in moving averages.
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