Is IndusInd Bank technically bullish or bearish?

As of 8 October 2025, the technical trend for IndusInd Bank has changed from mildly bearish to bearish. The current stance is bearish, with a moderate strength indicated by the daily moving averages being bearish and the weekly KST also showing bearish momentum. The MACD on the monthly timeframe is bearish, while the weekly MACD is mildly bullish, suggesting mixed signals across different timeframes. The Bollinger Bands indicate a bearish trend on the weekly and mildly bearish on the monthly. The absence of a clear trend in Dow Theory further supports the bearish outlook. Overall, the combination of these indicators points to a bearish sentiment in the current market environment for IndusInd Bank.