Is Oil India technically bullish or bearish?

Nov 06 2025 08:26 AM IST
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As of November 4, 2025, Oil India shows a mildly bearish trend due to predominantly bearish daily moving averages and mixed signals from MACD and RSI across different time frames.
As of 4 November 2025, the technical trend for Oil India has changed from sideways to mildly bearish. The overall stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. The weekly MACD shows a mildly bullish signal, but the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The RSI on the monthly chart is bullish, while the weekly RSI shows no signal, indicating a lack of momentum. Bollinger Bands reflect a mildly bullish stance on the weekly but bearish on the monthly, further contributing to the mixed outlook. The KST is bearish on the weekly and mildly bearish on the monthly, reinforcing the bearish sentiment. Dow Theory indicates a mildly bullish trend on both weekly and monthly charts. Overall, the bearish indicators are stronger, leading to a mildly bearish technical stance.
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