Is Nippon Life Ind. technically bullish or bearish?
As of 14 August 2025, Nippon Life Ind. has shifted to a bullish trend supported by strong indicators like bullish MACD and moving averages, although caution is advised due to mildly bearish signals from KST and OBV.
As of 14 August 2025, the technical trend for Nippon Life Ind. 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, and the moving averages are also bullish on the daily chart. 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, suggesting some caution. Overall, the strength of the bullish stance is reinforced by the positive performance against the Sensex over various time frames, particularly the 1Y and 3Y returns.
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