Is India Power Corp technically bullish or bearish?

Oct 10 2025 08:07 AM IST
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As of October 9, 2025, India Power Corp is in a bearish trend with weak strength, supported by bearish indicators from MACD, Bollinger Bands, and moving averages, despite some mixed signals from Dow Theory and underperformance against the Sensex.
As of 9 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance for India Power Corp is bearish with a weak strength. The weekly MACD is mildly bullish, but the monthly MACD indicates a bearish trend. Both the Bollinger Bands and KST are bearish on the weekly and monthly time frames. Daily moving averages confirm a bearish outlook. Additionally, the Dow Theory shows no trend on the weekly but is mildly bullish on the monthly, which adds some complexity to the overall analysis. The stock has underperformed significantly against the Sensex over various periods, further supporting the bearish sentiment.
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