Is Indus Towers technically bullish or bearish?

Nov 07 2025 08:14 AM IST
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As of November 6, 2025, the trend is mildly bullish based on weekly indicators, but caution is advised due to mixed signals from daily and monthly analyses.
As of 6 November 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by the weekly MACD and KST both indicating mild bullishness, alongside a bullish signal from the Bollinger Bands. The Dow Theory also reflects a mildly bullish outlook on the weekly timeframe. However, the daily moving averages are mildly bearish, which introduces some caution. Overall, the strength of the bullish signal is tempered by mixed indicators across different timeframes, particularly the monthly MACD and KST showing mild bearishness.
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