Is RattanIndia Pow. technically bullish or bearish?

Sep 23 2025 08:13 AM IST
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As of September 22, 2025, the market trend is mildly bearish, supported by bearish MACD readings and Bollinger Bands, despite a mildly bullish daily moving average, with overall indicators reinforcing a moderate bearish sentiment.
As of 22 September 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by weekly and monthly MACD readings indicating a bearish outlook, alongside Bollinger Bands also signaling bearish conditions. Moving averages on the daily timeframe show a mildly bullish trend, but this is overshadowed by the overall bearish indicators from the weekly and monthly perspectives. The KST and OBV are both mildly bearish on a weekly basis, reinforcing the bearish sentiment. Overall, the strength of the bearish stance is moderate, with no strong bullish signals present.
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