Is Indian Energy Ex technically bullish or bearish?

Jul 03 2025 08:09 AM IST
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As of July 2, 2025, the trend has shifted to bullish with moderate strength, supported by positive daily moving averages and Bollinger Bands, though caution is advised due to a mildly bearish weekly MACD and mixed signals from the KST.
As of 2 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish signal from the daily moving averages and consistent bullish readings from the Bollinger Bands on both weekly and monthly time-frames. However, the weekly MACD is mildly bearish, which suggests some caution. The KST indicates a bullish trend on the weekly but is mildly bearish on the monthly, adding to the mixed signals. Overall, the bullish trend is supported by the recent price action, with today's high surpassing the previous close.
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