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Vibhu Jain

23rd Jun 2025 · SEBI-Registered Analyst

BHARTIHEXA

As of 20 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly timeframe and bullish signals from the Bollinger Bands and daily moving averages. However, the weekly RSI and OBV indicate a mildly bearish sentiment, while Dow Theory shows a mixed outlook with a mildly bearish weekly perspective and a bullish monthly view. Overall, the strength of the bullish stance is tempered by the bearish indicators, suggesting caution in the current market environment.

#TechnicalViews#FundamentalViews
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