What is the technical trend for BPL?

Jun 09 2025 06:08 PM IST
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As of May 5, 2025, BPL's trend is mildly bearish, influenced by daily moving averages and mixed signals from weekly and monthly indicators.
As of 5 May 2025, the technical trend for BPL has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish sentiment. The weekly MACD and KST show a mildly bullish trend, but the monthly indicators remain bearish, suggesting mixed signals across different time frames. The Bollinger Bands are bullish on the weekly but mildly bearish on the monthly, further contributing to the overall mildly bearish outlook. The Dow Theory indicates a mildly bearish trend on the weekly, while the monthly shows no clear trend. Overall, the strength of the bearish sentiment is supported by the daily moving averages and the mixed signals from other indicators.
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