Is IRB Infra.Devl. technically bullish or bearish?

Nov 10 2025 08:10 AM IST
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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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