Is Indian Renewable technically bullish or bearish?

Sep 14 2025 08:06 AM IST
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As of September 12, 2025, the technical outlook for Indian Renewable is bearish, driven by a bearish MACD, moving averages, and KST, despite a bullish RSI, indicating overall negative market sentiment.
As of 12 September 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Indian Renewable is bearish with moderate strength. Key indicators driving this stance include a bearish MACD on the weekly timeframe, bearish moving averages on the daily timeframe, and a mildly bearish KST on the weekly. The RSI shows bullish momentum on the weekly, but this is overshadowed by the overall bearish signals from other indicators. The Bollinger Bands and Dow Theory also reflect a mildly bearish outlook on the weekly. Overall, the combination of these factors suggests a bearish sentiment in the current market environment.
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