Is Reliance Power technically bullish or bearish?

Oct 11 2025 08:09 AM IST
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As of October 10, 2025, Reliance Power's trend is mildly bearish, supported by bearish signals from the weekly MACD and KST, despite some mixed bullish indicators from the monthly Bollinger Bands.
As of 10 October 2025, the technical trend for Reliance Power has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish signals, while the daily moving averages also reflect a mildly bearish outlook. The monthly Bollinger Bands show a bullish signal, but this is countered by the overall mildly bearish indicators in the weekly timeframe. The Dow Theory indicates no trend on the weekly but is mildly bearish on the monthly. Overall, the strength of the bearish sentiment is moderate, with some mixed signals from the Bollinger Bands and OBV showing mild bullishness on the monthly.
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