Is Bharat Bijlee technically bullish or bearish?
As of October 17, 2025, the trend is mildly bullish due to supportive weekly MACD and KST indicators, although caution is warranted from bearish monthly signals like the MACD and Bollinger Bands.
As of 17 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and KST indicators, both of which are bullish. The daily moving averages also support this bullish outlook. However, the monthly MACD and Bollinger Bands are mildly bearish, indicating some caution. The RSI shows no signal on the weekly timeframe but is bullish on the monthly, suggesting mixed momentum. Overall, while there are bullish signals, the presence of bearish indicators on the monthly timeframe tempers the outlook.
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