Is Indus Towers technically bullish or bearish?

Nov 13 2025 08:14 AM IST
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As of November 12, 2025, the trend is mildly bullish due to positive weekly indicators, though caution is advised from daily moving averages and mixed monthly signals.
As of 12 November 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, both indicating bullish momentum. The Dow Theory also supports this with a mildly bullish signal on the weekly timeframe. However, the daily moving averages are mildly bearish, suggesting some caution. Overall, the strength of the bullish trend is tempered by the mixed signals from the monthly indicators, which show a mildly bearish MACD and KST.
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