Is L&T Technology technically bullish or bearish?

Jul 09 2025 08:07 AM IST
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As of July 8, 2025, L&T Technology's trend has shifted to bearish, indicated by negative signals from daily moving averages and weekly RSI, despite a mildly bullish weekly MACD, suggesting overall downward pressure in the market.
As of 8 July 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators include a bearish signal from the daily moving averages and a bearish reading on the weekly RSI. Although the weekly MACD shows a mildly bullish trend, it is offset by the overall bearish signals from Bollinger Bands and the monthly KST. The lack of a clear trend in Dow Theory further supports the bearish outlook. Overall, L&T Technology is facing downward pressure in the current market environment.
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