Is Novartis India technically bullish or bearish?
As of June 12, 2025, Novartis India shows a mildly bearish trend driven by daily moving averages and monthly MACD signals, despite some bullish indicators on the weekly charts.
As of 12 June 2025, the technical trend for Novartis India has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the monthly MACD showing a mildly bearish signal. The weekly MACD and KST are bullish, but the overall trend is tempered by the monthly indicators. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, suggesting some upward potential, but the prevailing sentiment remains bearish due to the recent price action and the overall trend indicators.
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