Is Modi's Navnirman technically bullish or bearish?

Jun 24 2025 08:13 AM IST
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As of June 23, 2025, the technical trend for Modi's Navnirman is neutral, with mixed indicators showing a divergence in momentum and suggesting a sideways movement despite some bullish signals on longer time frames.
As of 23 June 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed indicators influencing this view. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. The Bollinger Bands show a mildly bullish stance on the weekly chart and bullish on the monthly, suggesting potential upward movement, but the daily moving averages are mildly bearish, reflecting short-term weakness. The KST is mildly bearish on the weekly, and the Dow Theory indicates no trend on the weekly with a mildly bearish monthly outlook. Overall, the lack of strong signals from the RSI and the mixed trends across different time frames suggest a neutral position for Modi's Navnirman at this time.
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