Is Polycab India technically bullish or bearish?

Jul 10 2025 08:08 AM IST
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As of July 9, 2025, Polycab India shows a mildly bullish trend supported by the weekly MACD and Bollinger Bands, despite mixed signals from other indicators indicating some caution.
As of 9 July 2025, the technical trend for Polycab India has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive sentiment, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the upward momentum. However, the daily moving averages are mildly bearish, suggesting short-term weakness. The KST is bullish on the weekly and mildly bearish on the monthly, and the Dow Theory shows a mildly bullish stance on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.
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