What is the technical trend for Madhav Infra?

Jun 09 2025 06:42 PM IST
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As of June 6, 2025, Madhav Infra's trend is mildly bullish, supported by a bullish weekly MACD and Bollinger Bands, though caution is advised due to a mildly bearish monthly MACD and daily moving averages.
As of 6 June 2025, the technical trend for Madhav Infra has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting upward momentum. The Dow Theory is also mildly bullish on both time frames, reinforcing the overall positive sentiment. However, the daily moving averages are mildly bearish, which could temper short-term enthusiasm. Overall, the current stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands.
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