Is Torrent Pharma technically bullish or bearish?

Jul 24 2025 08:05 AM IST
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As of July 23, 2025, the technical trend is bullish with moderate strength, supported by bullish MACD and Bollinger Bands, although caution is advised due to a bearish weekly RSI.
As of 23 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 chart, bullish Bollinger Bands on both weekly and monthly charts, and bullish daily moving averages. However, the weekly RSI is bearish, which suggests some caution. Overall, the bullish momentum is supported by strong price performance over various time frames, particularly a 12.36% return over the last month compared to a 1.01% return of the Sensex.
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