Is Oriana Power Ltd technically bullish or bearish?

Nov 04 2025 08:50 AM IST
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As of November 3, 2025, the trend is mildly bullish due to supportive indicators like a bullish MACD and moving averages, but mixed signals from Dow Theory and RSI suggest a cautious approach.
As of 3 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and bullish moving averages on the daily timeframe. However, the weekly Dow Theory indicates a mildly bearish sentiment, which tempers the overall bullish outlook. The Bollinger Bands on the weekly are also mildly bullish, suggesting some upward momentum. The RSI shows no signal on both weekly and monthly timeframes, indicating a lack of strong momentum. Overall, while there are positive indicators, the mixed signals suggest a cautious bullish stance.
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