Is Torrent Power technically bullish or bearish?
As of July 8, 2025, the market trend is bearish with moderate strength, driven by bearish daily moving averages and indicators like the weekly KST and Bollinger Bands, despite mixed signals from the MACD.
As of 8 July 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages which are bearish, and the weekly KST and Bollinger Bands also indicating bearish conditions. The MACD shows a mildly bullish signal on the weekly timeframe but is mildly bearish on the monthly, suggesting mixed signals. Overall, the bearish trend is reinforced by the recent price action, with the stock down 2.43% over the past week compared to a slight gain in the Sensex.
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