Is Wendt India technically bullish or bearish?

Oct 07 2025 08:13 AM IST
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As of October 6, 2025, the market trend has shifted to a moderately strong bearish stance, driven by bearish MACD readings and moving averages, despite a bullish monthly RSI.
As of 6 October 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 bearish MACD readings on both the weekly and monthly time frames, along with bearish signals from the daily moving averages. The Bollinger Bands also indicate a bearish trend on the weekly chart. Although the monthly RSI is bullish, the overall sentiment remains negative due to the prevailing bearish indicators across multiple time frames.
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