Is Symphony technically bullish or bearish?

Jun 24 2025 08:08 AM IST
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As of June 23, 2025, the market trend has shifted to a moderate bearish stance, supported by bearish indicators from the MACD, Bollinger Bands, and moving averages, despite mixed signals from the KST and Dow Theory.
As of 23 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the weekly MACD and Bollinger Bands both indicating bearish conditions, along with daily moving averages confirming a bearish trend. The KST shows a mixed signal with weekly mildly bullish but monthly mildly bearish, while Dow Theory reflects a mildly bearish stance on the weekly and mildly bullish on the monthly. Overall, the negative returns over various periods compared to the Sensex further support the bearish outlook.
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