What is the technical trend for T N Petro Prod.?

Jun 09 2025 06:18 PM IST
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As of June 4, 2025, T N Petro Prod shows a mildly bullish trend supported by the weekly MACD and Bollinger Bands, despite caution from the monthly MACD and mildly bearish daily moving averages.
As of 4 June 2025, the technical trend for T N Petro Prod has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the monthly MACD remains bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting upward price momentum. The Dow Theory indicates a mildly bullish stance in both weekly and monthly assessments. However, daily moving averages are mildly bearish, which could temper immediate bullish sentiment. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD, Bollinger Bands, and Dow Theory indicators.
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