Is Adani Power technically bullish or bearish?

Aug 02 2025 08:01 AM IST
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As of August 1, 2025, Adani Power's technical trend is mildly bullish, supported by a bullish weekly MACD and daily moving averages, despite mixed signals from monthly indicators.
As of 1 August 2025, the technical trend for Adani Power has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The RSI shows no signal on the weekly chart but is bullish on the monthly, suggesting potential upward momentum. Bollinger Bands indicate a mildly bullish stance weekly but bearish monthly. Daily moving averages are mildly bullish, supporting a short-term positive outlook. However, the weekly KST is bullish, while the monthly is mildly bearish, adding to the mixed signals. Dow Theory reflects a mildly bearish trend on the weekly and no trend on the monthly, indicating uncertainty. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and daily moving averages, despite some bearish indicators on the monthly charts.
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