What is the technical trend for Techindia Nirman?

Jun 09 2025 05:47 PM IST
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As of June 3, 2025, Techindia Nirman shows a mildly bearish trend, with bearish weekly MACD and moving averages, a bullish weekly RSI, and bearish Bollinger Bands indicating uncertainty in the longer term.
As of 3 June 2025, the technical trend for Techindia Nirman has changed from bearish to mildly bearish. The weekly MACD remains bearish while the monthly MACD is mildly bearish, indicating a lack of strong upward momentum. The weekly RSI is bullish, suggesting some short-term buying interest, but the monthly RSI shows no signal, reflecting uncertainty in the longer term. Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the negative outlook. Daily moving averages are bearish, further supporting the mildly bearish stance. Dow Theory indicates a mildly bearish trend on both weekly and monthly bases. Overall, the current technical stance is mildly bearish, with key indicators such as the MACD and moving averages driving this assessment.
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