Is Indian Renewable technically bullish or bearish?

Nov 05 2025 08:34 AM IST
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As of November 4, 2025, the technical trend for Indian Renewable is mildly bearish, supported by bearish moving averages and Bollinger Bands, despite a mildly bullish MACD on the weekly timeframe.
As of 4 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but this is countered by the moving averages showing a mildly bearish trend on the daily timeframe. The Bollinger Bands are bearish on both weekly and monthly timeframes, reinforcing the bearish sentiment. Additionally, the Dow Theory indicates a mildly bearish stance on the weekly chart. Overall, despite some mixed signals, the prevailing indicators suggest a bearish outlook for Indian Renewable.
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