Is Novartis India technically bullish or bearish?

Oct 26 2025 08:07 AM IST
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As of October 24, 2025, Novartis India has shifted to a bearish trend with moderate strength, indicated by bearish MACD, Bollinger Bands, and moving averages, alongside a significant underperformance of -18.20% over the past year compared to the Sensex's 5.18% return.
As of 24 October 2025, the technical trend for Novartis India has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST is also bearish on both weekly and monthly levels. The stock has underperformed significantly compared to the Sensex over various periods, particularly with a 1-year return of -18.20% versus the Sensex's 5.18%.
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