Is Tata Power Co. technically bullish or bearish?

Jun 26 2025 08:08 AM IST
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As of June 25, 2025, the trend has shifted to mildly bullish due to positive weekly indicators, though caution is advised due to a bearish RSI and daily moving averages.
As of 25 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and Bollinger Bands indicating bullish momentum. However, the weekly RSI remains bearish, which suggests some caution. The daily moving averages are mildly bearish, contrasting with the overall weekly indicators. The Dow Theory shows a mixed signal with a mildly bearish weekly and mildly bullish monthly outlook. Overall, the strength of the bullish signal is tempered by the bearish RSI and daily moving averages.
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