Is Marksans Pharma technically bullish or bearish?

Aug 07 2025 08:10 AM IST
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As of August 6, 2025, Marksans Pharma's technical trend has shifted to a bearish stance with moderate strength, driven by bearish signals from the MACD, moving averages, and Bollinger Bands, despite a conflicting bullish weekly KST.
As of 6 August 2025, the technical trend for Marksans Pharma has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the weekly MACD showing a bearish signal, daily moving averages confirming a bearish trend, and both weekly and monthly Bollinger Bands indicating bearish conditions. The KST is bullish on a weekly basis but mildly bearish monthly, which adds some complexity. Overall, the technical outlook remains negative, especially in the short to medium term.
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