Is Indian Renewable technically bullish or bearish?

Nov 06 2025 08:31 AM IST
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As of November 4, 2025, the technical trend for Indian Renewable is mildly bearish, influenced by bearish signals from Bollinger Bands and moving averages, despite some mildly bullish indicators from the MACD.
As of 4 November 2025, the technical trend for Indian Renewable has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but this is countered by bearish signals from the Bollinger Bands and moving averages, which are both showing a mildly bearish trend on the daily timeframe. The Dow Theory also supports a mildly bearish outlook on the weekly timeframe. Overall, the current technical stance is mildly bearish, driven primarily by the bearish signals from Bollinger Bands and moving averages, despite some mildly bullish indicators from MACD and KST.
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