Is ITI technically bullish or bearish?

Oct 10 2025 08:08 AM IST
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As of October 9, 2025, the market trend has shifted to a bullish stance with moderate strength, supported by positive weekly MACD and daily moving averages, though caution is advised due to mildly bearish monthly indicators.
As of 9 October 2025, the technical trend has changed from sideways to bullish. The current stance is bullish with moderate strength. Key indicators driving this include the weekly MACD being bullish, daily moving averages indicating a bullish trend, and both weekly and monthly Bollinger Bands showing bullish signals. However, the monthly MACD and KST are mildly bearish, which suggests some caution. Overall, the bullish trend is supported by strong performance relative to the Sensex over various time frames, particularly in the 1-year and 3-year returns.
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