Is Polycab India technically bullish or bearish?
As of July 17, 2025, the technical trend is bullish with moderate strength, supported by bullish MACD and Bollinger Bands, although the weekly RSI shows some short-term weakness.
As of 17 July 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly timeframe, bullish signals from Bollinger Bands on both weekly and monthly timeframes, and a bullish daily moving average. However, the weekly RSI is bearish, indicating some short-term weakness. Overall, the combination of bullish signals from MACD, Bollinger Bands, and OBV supports the bullish outlook despite some mixed signals from other indicators.
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