Is Nectar Lifesci. technically bullish or bearish?

Jul 06 2025 08:03 AM IST
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As of July 4, 2025, the market trend has shifted to bearish with moderate strength, driven by bearish daily moving averages, a bearish monthly MACD, and negative sentiment from KST and OBV indicators, despite a mildly bullish weekly MACD.
As of 4 July 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages indicating bearishness, the monthly MACD showing a bearish signal, and the Bollinger Bands reflecting a mildly bearish trend on both weekly and monthly time frames. Additionally, the KST and OBV indicators suggest a bearish sentiment on the monthly scale. Despite a mildly bullish MACD on the weekly, the overall technical picture remains negative, especially given the significant year-to-date decline of 41.64% compared to the Sensex's 6.77% gain.
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