Is Man Industries technically bullish or bearish?

Jun 23 2025 08:02 AM IST
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As of June 20, 2025, the technical trend has shifted to bullish, supported by strong indicators like a bullish weekly MACD and daily moving averages, although caution is advised due to mildly bearish monthly MACD and KST signals.
As of 20 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages also confirm a bullish trend. Additionally, the Bollinger Bands on the weekly timeframe are bullish, indicating upward momentum. However, the monthly MACD and KST are mildly bearish, suggesting some caution. Overall, the strength of the bullish stance is reinforced by the positive performance in the short-term returns compared to the Sensex.
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