Makemytrip's 15min chart shows MACD Death Cross, Bollinger Bands Expanding Downward.

Wednesday, Oct 29, 2025 1:32 pm ET1min read

Makemytrip's 15-minute chart has exhibited a notable trend, as the Moving Average Convergence Divergence (MACD) indicator has crossed below its signal line, denoted as a 'Death Cross.' Concurrently, the Bollinger Bands have expanded downward, signaling a potential continuation of the downward trajectory in the stock price. This suggests that market momentum is currently driven by sellers, indicating a prevailing bearish trend.

Comments



Add a public comment...
No comments

No comments yet