Is Reliance Infra. technically bullish or bearish?

Jul 10 2025 08:04 AM IST
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As of July 9, 2025, Reliance Infra's trend is mildly bullish due to positive MACD and moving averages, but caution is advised due to bearish signals from the RSI and Dow Theory.
As of 9 July 2025, the technical trend for Reliance Infra has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on both weekly and monthly time frames, alongside bullish moving averages on the daily chart. However, the weekly RSI indicates bearish momentum, and the Dow Theory shows a mildly bearish signal on the weekly chart. Bollinger Bands reflect a mildly bullish trend in both weekly and monthly perspectives. Overall, while there are some positive indicators, the presence of bearish signals in the RSI and Dow Theory suggests caution.
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