Is Polycab India technically bullish or bearish?

Jun 11 2025 08:10 AM IST
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As of June 10, 2025, Polycab India shows a mildly bullish trend based on weekly indicators, despite mixed signals from daily moving averages.
As of 10 June 2025, the technical trend for Polycab India has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, supported by bullish signals from the Bollinger Bands and Dow Theory. However, the daily moving averages show a mildly bearish trend, which tempers the overall bullish sentiment. The KST and OBV on a weekly basis are also mildly bullish, suggesting some positive momentum. Overall, the current technical stance is mildly bullish, driven primarily by the weekly indicators, despite some mixed signals from the daily moving averages.
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