Is Novartis India technically bullish or bearish?
As of August 18, 2025, Novartis India is in a mildly bearish trend due to bearish signals from MACD and Bollinger Bands, despite mildly bullish daily moving averages, with overall underperformance against the Sensex reinforcing this outlook.
As of 18 August 2025, the technical trend for Novartis India has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by weekly and monthly MACD indicators both showing bearish signals. The Bollinger Bands also indicate a bearish trend on both time frames. Moving averages on the daily chart are mildly bullish, but this is outweighed by the overall bearish signals from the KST and Dow Theory on both weekly and monthly charts. The RSI shows no signal, indicating a lack of momentum in either direction. The stock has underperformed the Sensex significantly over the past month and year, further supporting the bearish outlook.
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