What is the technical trend for Vishal Mega Mart?

Jun 09 2025 07:00 PM IST
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As of June 2, 2025, Vishal Mega Mart's trend has shifted to mildly bullish, supported by positive signals from Bollinger Bands, Dow Theory, and On-Balance Volume, with a recent 1-week return of 3.31% and a year-to-date return of 23.14%, nearing its 52-week high of 134.50.
As of 2 June 2025, the technical trend for Vishal Mega Mart has changed from sideways to mildly bullish. Key indicators driving this stance include a bullish signal from the Bollinger Bands on the weekly timeframe, along with a mildly bullish outlook from both the Dow Theory and On-Balance Volume (OBV) on the weekly timeframe. The stock has shown strong performance recently, with a 1-week return of 3.31% compared to the Sensex's 1.32%, and a year-to-date return of 23.14% against the Sensex's 5.51%. The current price of 130.90 is near the 52-week high of 134.50, indicating upward momentum.
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