Is Rel. Indl. Infra technically bullish or bearish?
As of November 7, 2025, the trend is mildly bullish due to positive daily moving averages and a bullish RSI, but mixed monthly indicators and bearish signals from MACD and Bollinger Bands suggest caution.
As of 7 November 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating a positive trend and the weekly MACD showing mild bullishness. However, the monthly indicators present a mixed picture, with the MACD and KST both bearish, and Bollinger Bands confirming bearishness on both weekly and monthly time frames. The RSI on the monthly is bullish, but the overall sentiment is tempered by the weak performance relative to the Sensex over multiple time frames.
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