Is TPL Plastech technically bullish or bearish?

Nov 16 2025 08:07 AM IST
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As of November 14, 2025, TPL Plastech's technical outlook has shifted to bearish, indicated by a bearish MACD, moving averages, and KST, along with underperformance against the Sensex.
As of 14 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for TPL Plastech is bearish with a strong indication of weakness. Key indicators driving this stance include a bearish MACD on the weekly chart, bearish moving averages on the daily timeframe, and bearish KST on the weekly chart. Additionally, both Bollinger Bands and Dow Theory show mildly bearish signals on the weekly and monthly timeframes, further supporting the bearish outlook. The stock's performance has also been significantly underwhelming compared to the Sensex, particularly on a year-to-date basis.
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