Is Venky's (India) technically bullish or bearish?

Nov 09 2025 08:09 AM IST
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As of November 7, 2025, Venky's (India) shows a mildly bearish trend, supported by bearish daily moving averages and Bollinger Bands, despite some mixed signals from weekly and monthly indicators.
As of 7 November 2025, the technical trend for Venky's (India) has changed from sideways to mildly bearish. The current stance is bearish, with key indicators supporting this view. The daily moving averages are bearish, and both the Bollinger Bands and monthly MACD indicate bearish conditions. Although the weekly MACD and KST are mildly bullish, they are outweighed by the overall bearish signals from the moving averages and Bollinger Bands. The RSI shows no signal on the weekly timeframe, while it is bullish on the monthly, indicating mixed signals. Overall, the bearish trend is reinforced by the significant decline in stock price relative to the previous close and the negative returns over multiple timeframes compared to the Sensex.
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