Is Punjab Chemicals technically bullish or bearish?

Jun 21 2025 08:04 AM IST
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As of June 20, 2025, the trend has shifted to bullish, supported by daily moving averages and weekly indicators, though caution is advised due to bearish monthly signals.
As of 20 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong emphasis on the daily moving averages indicating bullish momentum. Weekly MACD and Bollinger Bands also support this bullish outlook. However, the monthly indicators, including MACD and KST, are bearish, which suggests some caution. Overall, the strength of the bullish trend is reinforced by the recent price action, with today's high surpassing the previous close.
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