Is Tirupati Forge technically bullish or bearish?
As of June 23, 2025, Tirupati Forge shows a mildly bullish trend supported by MACD and Bollinger Bands, though caution is advised due to bearish momentum in the weekly RSI and mildly bearish daily moving averages.
As of 23 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by bullish signals from the MACD and Bollinger Bands on both weekly and monthly time frames. However, the weekly RSI indicates bearish momentum, which tempers the overall bullish outlook. Moving averages on the daily chart remain mildly bearish, suggesting caution. Dow Theory shows a mildly bullish stance on both weekly and monthly charts, while the monthly OBV is bullish, indicating accumulation. Overall, the mixed signals suggest a cautiously optimistic view for Tirupati Forge.
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