Is Marksans Pharma technically bullish or bearish?
As of October 17, 2025, Marksans Pharma's technical trend is bearish with moderate strength, indicated by bearish MACD, Bollinger Bands, and moving averages, despite a mildly bullish weekly OBV.
As of 17 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Marksans Pharma is bearish with moderate strength. Key indicators driving this stance include the bearish MACD on the weekly chart, bearish Bollinger Bands, and bearish moving averages on the daily timeframe. The weekly KST also confirms a bearish outlook, while the monthly indicators show mild bearishness. Despite a mildly bullish weekly OBV, the overall trend remains negative, particularly in light of the significant underperformance relative to the Sensex over various periods.
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