Is Zensar Tech. technically bullish or bearish?
As of November 7, 2025, the market trend has shifted to a moderate bearish stance, driven by bearish signals from key indicators like the MACD, Bollinger Bands, and moving averages, despite a bullish reading on the OBV.
As of 7 November 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 also showing bearish signals. The KST is bearish on the weekly timeframe and mildly bearish on the monthly, while the Dow Theory reflects a mildly bearish stance on both weekly and monthly charts. Despite a bullish reading on the weekly OBV, the overall technical picture remains negative, particularly given the recent price decline and underperformance compared to the Sensex over multiple timeframes.
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