Is JK Lakshmi Cem. technically bullish or bearish?

Jul 01 2025 08:11 AM IST
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As of June 30, 2025, the technical trend has shifted to bullish, supported by strong indicators like a bullish weekly MACD and moving averages, despite some divergence in longer-term strength.
As of 30 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish, indicating upward momentum. Daily moving averages also confirm a bullish trend. The KST is bullish on the weekly timeframe, although it is mildly bearish on the monthly, suggesting some divergence in longer-term strength. The Dow Theory shows a mildly bullish stance on the weekly, while the monthly indicates no trend. Overall, the combination of these indicators suggests a strong bullish sentiment in the short to medium term.
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