Is IST technically bullish or bearish?

Sep 24 2025 08:11 AM IST
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As of September 23, 2025, the trend is mildly bullish based on daily moving averages, but caution is advised due to mixed signals from weekly and monthly indicators like MACD and Bollinger Bands.
As of 23 September 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum. However, the weekly and monthly MACD, KST, and Bollinger Bands present a mixed picture, with both showing mildly bearish signals. The RSI shows no signal on both weekly and monthly time frames, indicating a lack of clear momentum. Overall, while there is a bullish indication from the daily moving averages, the broader weekly and monthly indicators suggest caution.
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