Is Indus Towers technically bullish or bearish?

Aug 03 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 signals from MACD, KST, Dow Theory, and Bollinger Bands, despite a mildly 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 outlook. Additionally, Bollinger Bands confirm a bearish trend on both weekly and monthly time frames. While the daily moving averages show a mildly bullish signal, the overall technical indicators suggest weakness. The stock has also underperformed significantly compared to the Sensex over the past month and year, further supporting the bearish sentiment.
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