Is Bharat Bijlee technically bullish or bearish?
As of October 17, 2025, the technical trend is mildly bullish due to positive weekly MACD and KST indicators, though caution is warranted from mildly bearish monthly signals and mixed momentum in the RSI.
As of 17 October 2025, the technical trend has changed from bullish to mildly bullish. The current technical 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 mildly bullish outlook. However, the monthly MACD and Bollinger Bands are showing mildly bearish signals, indicating some caution. The RSI is neutral on the weekly timeframe but bullish on the monthly, suggesting mixed momentum. Overall, while there are bullish indicators, the presence of bearish signals on the monthly timeframe tempers the strength of the bullish stance.
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