Is Adani Power technically bullish or bearish?
As of November 17, 2025, the market trend has shifted to bullish, supported by strong MACD indicators and daily moving averages, despite mixed signals from Bollinger Bands and KST, with overall positive performance relative to the Sensex.
As of 17 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 daily moving averages also confirm a bullish trend. While the Bollinger Bands indicate a mildly bullish stance on both weekly and monthly charts, the KST shows a bullish weekly signal but is mildly bearish monthly. The RSI shows no signal on both time frames, and Dow Theory indicates no trend. Overall, the strength of the bullish trend is supported by the positive performance relative to the Sensex, particularly in the year-to-date and longer-term periods.
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