Is Marksans Pharma technically bullish or bearish?

Jul 02 2025 08:14 AM IST
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As of July 1, 2025, the market trend has shifted to mildly bearish, supported by daily moving averages and weekly Dow Theory, despite some bullish signals from the MACD and KST indicators.
As of 1 July 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly Dow Theory also reflecting a mildly bearish outlook. While the weekly MACD and KST remain bullish, the monthly MACD and KST are mildly bearish, suggesting a divergence in strength across time frames. The Bollinger Bands show a mildly bullish stance on the monthly chart, but overall, the prevailing indicators point towards a bearish sentiment in the short term.
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