Is Mafatlal Inds. technically bullish or bearish?

Jun 14 2025 08:04 AM IST
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As of June 13, 2025, Mafatlal Inds shows a prevailing bearish sentiment, with daily moving averages and Bollinger Bands indicating a bearish trend, despite mixed signals from the MACD and KST on weekly and monthly charts.
As of 13 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The daily moving averages indicate a bearish trend, while the Bollinger Bands are also bearish on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly, indicating mixed signals. The KST is mildly bullish weekly but also mildly bearish monthly, further contributing to the overall bearish outlook. The Dow Theory reflects a mildly bearish stance on the weekly chart with no trend on the monthly. Overall, the indicators suggest a prevailing bearish sentiment for Mafatlal Inds.
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