Is IndusInd Bank technically bullish or bearish?

Jun 15 2025 08:02 AM IST
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As of June 13, 2025, IndusInd Bank's trend is mildly bearish, influenced by daily moving averages and monthly MACD signals, despite some mixed bullish indicators on the weekly timeframe, suggesting a cautious market outlook.
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 trend and the monthly MACD showing bearish momentum. Although the weekly MACD and KST are mildly bullish, the overall sentiment is tempered by the bearish signals from the Bollinger Bands and the monthly MACD. The RSI on the weekly timeframe is bullish, but the lack of a clear signal on the monthly RSI contributes to the neutral outlook. Overall, the mixed signals suggest caution in the current market environment.
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