Is Indus Towers technically bullish or bearish?

Aug 27 2025 08:11 AM IST
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As of August 26, 2025, the technical trend is mildly bearish, supported by weekly MACD and Bollinger Bands, despite some bullish signals from daily moving averages and OBV.
As of 26 August 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and Bollinger Bands indicating bearish conditions, along with the KST showing mildly bearish momentum. The monthly MACD and Dow Theory also reflect a mildly bearish outlook. Although daily moving averages are mildly bullish and the OBV shows mild bullishness on both weekly and monthly time frames, the overall sentiment remains bearish due to the prevailing indicators.
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