Is M & M technically bullish or bearish?

Jun 21 2025 08:05 AM IST
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As of June 20, 2025, M & M's technical trend is bullish, supported by strong weekly indicators like the MACD and Bollinger Bands, despite some mild bearish signals on the monthly charts.
As of 20 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for M & M 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 are also bullish, reinforcing the positive trend. Although the monthly MACD and KST are mildly bearish, the overall strength of the weekly indicators suggests a strong bullish sentiment. The stock has outperformed the Sensex across multiple time frames, further highlighting its strength in the market.
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