Is Adani Power technically bullish or bearish?

Nov 06 2025 08:29 AM IST
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As of November 4, 2025, Adani Power's technical trend is bullish, supported by strong indicators like MACD and Bollinger Bands, despite some mild bearish signals from KST and Dow Theory.
As of 4 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the RSI is bullish on the weekly. Bollinger Bands also indicate a bullish trend on both weekly and monthly charts. Daily moving averages confirm a bullish outlook. However, the KST is mildly bearish on the monthly, and both the Dow Theory and OBV show mild bearishness on the weekly. Overall, the bullish indicators outweigh the bearish ones, suggesting a strong bullish sentiment in the current market for Adani Power.
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