Is Indraprastha Gas technically bullish or bearish?

Aug 11 2025 08:04 AM IST
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As of August 8, 2025, Indraprastha Gas shows a neutral trend with mixed signals, as weekly and monthly indicators suggest bearish momentum, while daily moving averages indicate mild bullishness, resulting in a lack of strong directional momentum.
As of 8 August 2025, the technical trend for Indraprastha Gas has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is mildly bearish, while the monthly MACD is bearish, indicating weakness in the longer term. The Bollinger Bands are sideways on the weekly chart and bearish on the monthly, suggesting limited volatility and a downward bias. Daily moving averages show a mildly bullish signal, but this is countered by the weekly OBV being mildly bearish. Overall, the indicators reflect a lack of strong momentum in either direction, leading to a neutral outlook.
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