Is Indraprastha Gas technically bullish or bearish?

Oct 09 2025 08:10 AM IST
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As of October 8, 2025, the market trend is bullish with strong weekly indicators, although caution is advised due to mixed signals from the KST.
As of 8 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the weekly RSI is also bullish, indicating positive momentum. Daily moving averages confirm a bullish trend. However, the KST shows a mildly bearish signal on the weekly and bearish on the monthly, which suggests some caution. The Dow Theory indicates a mildly bullish stance on both weekly and monthly time frames. Overall, the strength of the bullish trend is supported by the positive weekly indicators, despite some mixed signals from the KST.
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