Is New India Assura technically bullish or bearish?
As of June 27, 2025, the technical trend is mildly bearish, influenced by daily moving averages and weekly Dow Theory, despite some mildly bullish signals from the MACD and Bollinger Bands, with overall sentiment remaining cautious due to bearish monthly indicators and underperformance relative to the Sensex.
As of 27 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook and the weekly Dow Theory also suggesting a mildly bearish trend. While the weekly MACD and Bollinger Bands show mildly bullish signals, the overall sentiment remains cautious due to the monthly indicators, including the MACD and Bollinger Bands, which are bearish. The stock's performance relative to the Sensex has been underwhelming, particularly over the past year, further supporting the bearish stance.
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