Is Tata Power Co. technically bullish or bearish?
As of July 21, 2025, the trend is mildly bullish due to daily moving averages, but mixed signals from weekly and monthly indicators, including a bearish weekly RSI and volatility in Bollinger Bands, suggest a cautious approach.
As of 21 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum. However, the weekly MACD remains bullish while the monthly MACD and KST are mildly bearish, suggesting mixed signals across different time frames. The weekly RSI is bearish, which adds caution to the overall outlook. Bollinger Bands show a mildly bullish stance on the weekly chart but bearish on the monthly, indicating potential volatility. Overall, while there are bullish indicators in the daily and weekly time frames, the mixed signals from the monthly indicators suggest a cautious approach.
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