Is Indus Towers technically bullish or bearish?

Aug 02 2025 08:01 AM IST
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As of August 1, 2025, Indus Towers is in a mildly bearish trend, supported by bearish indicators from MACD, KST, and Dow Theory, despite a slightly bullish daily moving average.
As of 1 August 2025, the technical trend for Indus Towers has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD, KST, and Dow Theory all indicating a bearish sentiment. Bollinger Bands also reflect a bearish outlook on both weekly and monthly time frames. Although the daily moving averages show a mildly bullish signal, the overall trend remains bearish due to the prevailing indicators. The stock has experienced significant declines over the past week and month, further supporting the bearish sentiment.
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