Is Kilitch Drugs technically bullish or bearish?

Jul 03 2025 08:06 AM IST
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As of July 2, 2025, the technical trend is bullish with strong indicators like MACD and Bollinger Bands supporting this view, although caution is advised due to mild bearish signals from KST and Dow Theory.
As of 2 July 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while Bollinger Bands also indicate a bullish trend in both time frames. Daily moving averages confirm the bullish sentiment. However, the KST is mildly bearish on a monthly basis, and both the Dow Theory and OBV show mild bearishness on the weekly time frame, suggesting some caution. Overall, the strength of the bullish trend is reinforced by the recent price increase and strong returns compared to the Sensex over various periods.
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