Is Nippon Life Ind. technically bullish or bearish?

Jul 09 2025 08:08 AM IST
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As of July 8, 2025, the trend is bullish, supported by strong MACD and moving averages, despite a bearish weekly RSI indicating some short-term weakness.
As of 8 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, with strong support from the weekly and monthly MACD indicators, both showing bullish signals. Daily moving averages also confirm a bullish outlook. However, the weekly RSI is bearish, indicating some short-term weakness. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, suggesting a positive price action trend. Overall, while there are mixed signals, the prevailing trend is bullish with strength primarily driven by MACD and moving averages.
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