Is Reliance Power technically bullish or bearish?

Jul 03 2025 08:07 AM IST
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As of July 2, 2025, Reliance Power's trend is mildly bullish, supported by bullish moving averages and MACD, but caution is advised due to a bearish RSI and mixed signals from other indicators.
As of 2 July 2025, the technical trend for Reliance Power has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the weekly MACD and moving averages, which are both bullish. However, the weekly RSI is bearish, indicating some weakness in momentum. The Bollinger Bands and KST are mildly bullish on both weekly and monthly time frames, while the OBV shows a mildly bullish trend on the weekly. Overall, the mixed signals from the RSI and KST suggest caution despite the mildly bullish indicators.
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