Is Indian Renewable technically bullish or bearish?

Sep 11 2025 08:08 AM IST
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As of September 10, 2025, Indian Renewable's technical trend is bearish, supported by bearish MACD, moving averages, and Bollinger Bands, despite a mildly bullish weekly RSI.
As of 10 September 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Indian Renewable is bearish with moderate strength. The weekly MACD is bearish, and the daily moving averages confirm this bearish sentiment. The Bollinger Bands and KST on a weekly basis are also indicating a mildly bearish trend. Although the weekly RSI shows bullish momentum, it is not strong enough to counter the overall bearish indicators. The Dow Theory and OBV are both mildly bearish on a weekly basis, further supporting the bearish outlook.
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