Is IST technically bullish or bearish?

Oct 02 2025 08:16 AM IST
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As of October 1, 2025, the technical trend has shifted to mildly bearish, supported by bearish MACD readings, Bollinger Bands, and underperformance against the Sensex, despite some daily moving averages suggesting a mildly bullish position.
As of 1 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, supported by the weekly and monthly MACD readings, both indicating a bearish sentiment. The Bollinger Bands also reflect a bearish outlook on both time frames. The KST and Dow Theory align with this bearish sentiment, showing mildly bearish signals. Although the daily moving averages suggest a mildly bullish position, the overall indicators point towards a bearish trend. The stock has underperformed against the Sensex over multiple periods, further reinforcing the bearish stance.
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