Is Adani Enterp. technically bullish or bearish?

Oct 18 2025 08:12 AM IST
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As of 17 October 2025, the trend for Adani Enterprises has shifted to mildly bullish, supported by daily moving averages and weekly MACD signals, though caution is advised due to bearish monthly indicators.
As of 17 October 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum and the weekly MACD also showing bullish signals. However, the monthly MACD and KST remain bearish, suggesting caution. The Bollinger Bands reflect a mildly bullish trend on the weekly timeframe, while the Dow Theory indicates a mildly bullish stance as well. Overall, the mixed signals across different timeframes suggest a cautious but positive outlook for Adani Enterprises.
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