Is VTM technically bullish or bearish?

Jul 03 2025 08:07 AM IST
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As of July 2, 2025, VTM's trend has shifted to bullish with moderate strength, supported by positive daily moving averages and Bollinger Bands, though caution is advised due to mildly bearish weekly indicators.
As of 2 July 2025, the technical trend for VTM has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include the bullish signals from the daily moving averages and the monthly Bollinger Bands, along with the monthly KST and Dow Theory also indicating bullish conditions. However, the weekly MACD and KST are mildly bearish, and the weekly RSI shows no signal, suggesting some caution in the short term. Overall, the strong performance in returns compared to the Sensex further supports the bullish outlook.
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