Is Puravankara technically bullish or bearish?

Jun 24 2025 08:11 AM IST
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As of June 23, 2025, the market trend is mildly bearish due to daily indicators showing bearish signals, despite some mixed signals from weekly and monthly indicators suggesting a cautious approach.
As of 23 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearishness and the monthly MACD and Bollinger Bands also showing a bearish outlook. The weekly MACD and KST are mildly bullish, but they are overshadowed by the overall bearish signals from the daily indicators. The Dow Theory shows no trend on the weekly timeframe, while the monthly indicates mild bullishness. Overall, the mixed signals suggest a cautious approach, with the bearish indicators currently holding more weight.
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