Is Nippon Life Ind. technically bullish or bearish?
As of June 27, 2025, the trend is bullish with strong indicators like daily moving averages and weekly MACD supporting this view, despite a bearish weekly RSI indicating short-term weakness, while outperforming the Sensex with a 1Y return of 18.28% versus 6.08%.
As of 27 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The daily moving averages are bullish, and the weekly MACD is also bullish. Additionally, the Bollinger Bands on both weekly and monthly time frames are bullish, indicating upward momentum. However, the weekly RSI is bearish, which suggests some short-term weakness. Overall, the strength of the bullish stance is reinforced by the positive performance relative to the Sensex over various periods, particularly the 1Y return of 18.28% compared to the Sensex's 6.08%.
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