Is Nippon Life Ind. technically bullish or bearish?

Aug 15 2025 08:08 AM IST
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As of August 14, 2025, the market trend is bullish with strong indicators like a bullish MACD and moving averages, although caution is advised due to mildly bearish signals from the KST and OBV.
As of 14 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while the moving averages are also bullish on the daily time frame. Bollinger Bands indicate a bullish trend on the weekly and a mildly bullish trend on the monthly. However, the KST shows a mildly bearish signal on the monthly, and the OBV is mildly bearish on the weekly, which suggests some caution. Overall, the strength of the bullish trend is reinforced by the recent price action, with today's high surpassing the previous close.
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