Is Sanstar technically bullish or bearish?

Jun 29 2025 08:04 AM IST
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As of June 27, 2025, the market trend has shifted to mildly bullish, supported by positive signals from the weekly MACD and Bollinger Bands, though caution is advised due to mildly bearish daily moving averages.
As of 27 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by the weekly MACD showing a mildly bullish signal and Bollinger Bands indicating a bullish trend. Additionally, the Dow Theory reflects a mildly bullish outlook on both weekly and monthly time frames. However, the daily moving averages are mildly bearish, which suggests some caution. Overall, the strength of the bullish sentiment is moderate, influenced by recent price action and the positive returns compared to the Sensex over the past week and month.
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