Is Nippon Life Ind. technically bullish or bearish?

Jun 23 2025 08:05 AM IST
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As of June 20, 2025, the technical outlook for Nippon Life Ind is bullish, supported by positive indicators like a bullish MACD and Bollinger Bands, although caution is advised due to a bearish weekly RSI.
As of 20 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly timeframe, bullish Bollinger Bands on both weekly and monthly timeframes, and bullish moving averages on the daily timeframe. However, the weekly RSI is bearish, which suggests some caution. The monthly Dow Theory indicates a bullish trend, while the KST shows a mixed signal with a bullish weekly and mildly bearish monthly reading. Overall, the combination of these indicators supports a bullish outlook for Nippon Life Ind.
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