Is NLC India technically bullish or bearish?

Jul 16 2025 08:07 AM IST
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As of July 15, 2025, NLC India shows a mildly bearish trend due to mixed indicators, with bearish MACD and moving averages, but bullish On-Balance Volume suggesting some buying pressure.
As of 15 July 2025, the technical trend for NLC India has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on the weekly chart remains bearish, while the monthly MACD is mildly bearish. The Bollinger Bands indicate a mildly bearish trend on the weekly and a bearish trend on the monthly. Moving averages on the daily chart are bearish, and the KST shows a mildly bearish signal on both weekly and monthly time frames. However, the On-Balance Volume (OBV) is bullish on both weekly and monthly charts, suggesting some buying pressure. Overall, the mixed signals indicate a mildly bearish outlook with some strength in buying activity.
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