Is L&T Technology technically bullish or bearish?

Jun 24 2025 08:12 AM IST
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As of June 23, 2025, L&T Technology's technical trend is bearish with moderate strength, supported by daily moving averages and Bollinger Bands, despite mixed signals from the MACD and other indicators.
As of 23 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages indicating a bearish trend, and both the weekly and monthly Bollinger Bands confirming a bearish outlook. The MACD shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly, suggesting mixed signals. The KST and OBV are also mildly bearish on the monthly timeframe. Overall, the combination of these indicators supports a bearish sentiment for L&T Technology.
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