Is IRB Infra.Devl. technically bullish or bearish?
As of November 7, 2025, the market trend is mildly bearish, influenced by daily moving averages and monthly Bollinger Bands, despite some mildly bullish signals from weekly indicators.
As of 7 November 2025, the technical trend 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 Bollinger Bands also reflecting a bearish outlook. While the weekly MACD and KST are mildly bullish, they are overshadowed by the overall bearish signals from the monthly indicators. The Dow Theory shows a mildly bullish stance on both weekly and monthly time frames, but the prevailing sentiment remains bearish due to the recent trend change and the performance metrics indicating a decline in stock returns compared to the Sensex.
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