Is M & M technically bullish or bearish?

Jun 22 2025 08:04 AM IST
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As of June 20, 2025, the technical trend is bullish with strong momentum from weekly indicators, although monthly indicators suggest some caution.
As of 20 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with a strong momentum indicated by the weekly MACD and Bollinger Bands both signaling bullish conditions. Daily moving averages also confirm this bullish trend. However, the monthly MACD and KST are mildly bearish, suggesting some caution. Overall, the strength of the bullish trend is supported by strong recent performance, with a 1-week return of 5.86% compared to the Sensex's 1.59%.
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