Is Indoco Remedies technically bullish or bearish?

Oct 29 2025 08:21 AM IST
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As of 28 October 2025, the trend is mildly bullish due to daily moving averages and monthly MACD signals, but mixed signals from weekly indicators and bearish Bollinger Bands temper this outlook.
As of 28 October 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by daily moving averages indicating bullishness, while the monthly MACD shows a mildly bullish signal. However, the weekly MACD and KST are mildly bearish, and Bollinger Bands are bearish on both weekly and monthly time frames, indicating some mixed signals. The On-Balance Volume (OBV) is bullish on both weekly and monthly charts, supporting the mildly bullish outlook. Overall, the strength of the bullish stance is tempered by the bearish indicators present in the weekly analysis.
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