Is Bajaj Steel Inds technically bullish or bearish?

Sep 27 2025 08:12 AM IST
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As of September 26, 2025, Bajaj Steel Inds shows a bearish trend with moderate strength, driven by bearish MACD, moving averages, and Bollinger Bands, despite mixed signals from Dow Theory.
As of 26 September 2025, the technical trend for Bajaj Steel Inds has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on the weekly timeframe, bearish moving averages on the daily timeframe, and bearish Bollinger Bands on the weekly. The KST is also bearish on the weekly, while the Dow Theory shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, indicating mixed signals. Overall, the bearish indicators dominate the current technical outlook.
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