Is IndusInd Bank technically bullish or bearish?

Jun 14 2025 08:04 AM IST
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As of June 13, 2025, IndusInd Bank's trend is mildly bearish, with daily moving averages and monthly indicators showing bearish sentiment, despite some mixed signals from weekly MACD and RSI.
As of 13 June 2025, the technical trend for IndusInd Bank has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the Bollinger Bands showing bearish conditions on both weekly and monthly time frames. Although the weekly MACD and KST are mildly bullish, the overall monthly indicators, including MACD and KST, are bearish. The RSI shows bullish momentum on the weekly but lacks a signal on the monthly, further contributing to a mixed outlook. Overall, the bearish indicators outweigh the bullish signals, leading to a mildly bearish stance.
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