Is Power Grid Corpn technically bullish or bearish?

Oct 10 2025 08:08 AM IST
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As of October 9, 2025, the market trend is mildly bearish, with mixed signals from key indicators like the weekly MACD showing mild bullishness while the monthly MACD and moving averages indicate bearishness.
As of 9 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The weekly MACD shows a mildly bullish signal, but the monthly MACD is mildly bearish, indicating mixed signals across time frames. The moving averages on the daily chart are mildly bearish, and the Bollinger Bands on both weekly and monthly charts are bearish to mildly bearish. Additionally, the KST and OBV indicators are both bearish on the weekly and mildly bearish on the monthly. Overall, while there are some signs of strength in the weekly MACD, the prevailing indicators suggest a cautious outlook.
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