Is Kotak Mah. Bank technically bullish or bearish?

Jul 02 2025 08:13 AM IST
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As of July 1, 2025, the trend is mildly bullish due to positive monthly indicators, though mixed signals from weekly metrics suggest caution.
As of 1 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the monthly MACD and Bollinger Bands indicating bullish momentum, while the weekly MACD and KST show a mildly bearish outlook. Daily moving averages remain bullish, supporting the positive sentiment. However, the lack of clear signals in the RSI and Dow Theory suggests caution. Overall, the strength of the bullish stance is tempered by mixed signals in the weekly indicators.
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