What is the technical trend for Tulsyan NEC?

Jun 09 2025 06:31 PM IST
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As of June 3, 2025, Tulsyan NEC's trend has shifted to bearish with moderate strength, supported by daily moving averages and Bollinger Bands, despite mixed signals from MACD and Dow Theory, indicating underperformance compared to the Sensex.
As of 3 June 2025, the technical trend for Tulsyan NEC has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the daily moving averages signaling bearishness, and both the weekly and monthly Bollinger Bands confirming a bearish trend. The MACD shows a conflicting mildly bullish signal on the weekly timeframe but is bearish on the monthly, indicating a lack of momentum. Additionally, the Dow Theory presents a mildly bearish outlook on the weekly while being mildly bullish on the monthly, suggesting mixed signals. Overall, the bearish trend is reinforced by the significant underperformance in returns compared to the Sensex across multiple time frames.
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