What is the technical trend for IDFC Ltd.?

Jun 09 2025 06:10 PM IST
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As of October 10, 2024, IDFC Ltd. shows a mildly bearish trend with bearish indicators from MACD, Bollinger Bands, and moving averages, although On-Balance Volume suggests some accumulation.
As of 10 October 2024, the technical trend for IDFC Ltd. has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the monthly MACD is mildly bearish, indicating a potential weakening in downward momentum. The Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the bearish outlook. Daily moving averages are also bearish, suggesting continued selling pressure. The KST is bearish weekly and mildly bearish monthly, further supporting the overall bearish sentiment. However, the On-Balance Volume (OBV) shows a mildly bullish stance on both weekly and monthly charts, indicating some accumulation despite the prevailing bearish indicators. Overall, the current technical stance is mildly bearish, with key indicators highlighting the bearish trend in MACD, Bollinger Bands, and moving averages, while OBV provides a slight counterpoint.
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