Is Godawari Power technically bullish or bearish?
As of June 23, 2025, Godawari Power's technical trend has shifted to a moderate bearish stance, supported by bearish MACD and Bollinger Bands signals, despite some bullish momentum from KST, and the stock has underperformed compared to the Sensex.
As of 23 June 2025, the technical trend for Godawari Power has changed from mildly bullish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this conclusion include a bearish MACD on the weekly chart and a bearish signal from Bollinger Bands on both weekly and monthly time frames. The daily moving averages also confirm a bearish trend. Although the KST shows bullish momentum on the weekly, it is offset by the overall bearish signals from other indicators. The stock has underperformed significantly compared to the Sensex over multiple time frames, further supporting the bearish outlook.
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