Is TVS Elec. technically bullish or bearish?

Sep 15 2025 08:05 AM IST
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As of September 12, 2025, the market trend is bullish with moderate strength, supported by positive daily moving averages and Bollinger Bands, though caution is advised due to mixed signals from the MACD and Dow Theory.
As of 12 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish signal from the daily moving averages and consistent bullish readings from the Bollinger Bands on both weekly and monthly time frames. However, the weekly MACD and KST are mildly bearish, indicating some caution. The Dow Theory shows a mildly bullish stance on the weekly but mildly bearish on the monthly, suggesting mixed signals in the longer term. Overall, the bullish trend is supported by recent price action, with the stock showing a notable return compared to the Sensex over various periods.
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