Is Zydus Lifesci. technically bullish or bearish?

Sep 24 2025 08:10 AM IST
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As of September 23, 2025, the market trend is bullish, supported by strong daily moving averages and weekly Bollinger Bands, although caution is advised due to mildly bearish signals from the KST and monthly MACD.
As of 23 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the daily moving averages and weekly Bollinger Bands. The MACD on the weekly chart is bullish, while the monthly MACD is mildly bearish, indicating some divergence in longer time frames. The RSI shows a bullish signal on the monthly chart, supporting the overall positive outlook. However, the KST is mildly bearish on both weekly and monthly charts, suggesting caution. The Dow Theory indicates a mildly bullish trend on the monthly basis, and the OBV is mildly bullish, reinforcing the positive sentiment. Overall, the strength of the bullish stance is supported by multiple indicators, particularly in the daily and weekly time frames.
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