Is Polycab India technically bullish or bearish?

Jul 01 2025 08:14 AM IST
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As of June 30, 2025, Polycab India shows a neutral technical trend with mixed signals: weekly indicators suggest bullish momentum while monthly indicators lean bearish, resulting in uncertainty and a sideways market stance.
As of 30 June 2025, the technical trend for Polycab India has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. The weekly RSI is bearish, suggesting weakness, but the monthly RSI shows no signal. Bollinger Bands are bullish on both weekly and monthly time frames, indicating potential upward movement. Daily moving averages are mildly bearish, which adds to the uncertainty. The KST is bullish weekly but mildly bearish monthly, and Dow Theory shows no trend weekly while being mildly bullish monthly. Overall, the indicators reflect a lack of clear direction, resulting in a neutral stance.
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