Is Indoco Remedies technically bullish or bearish?

Oct 08 2025 08:09 AM IST
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As of October 7, 2025, the market trend is neutral with mixed indicators, showing mildly bearish signals on the weekly MACD and Bollinger Bands, while the daily moving averages suggest short-term strength.
As of 7 October 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing this view. The weekly MACD remains mildly bearish, while the monthly MACD is mildly bullish, indicating conflicting signals. The Bollinger Bands show a mildly bearish stance on the weekly chart and bearish on the monthly chart. Moving averages on the daily timeframe are mildly bullish, suggesting some short-term strength. The KST is mildly bearish on the weekly and bearish on the monthly, while the OBV is bullish on the weekly but shows no trend on the monthly. Overall, the lack of strong signals from the RSI and Dow Theory further supports a neutral outlook.
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