Is Bajaj Steel Inds technically bullish or bearish?
As of September 26, 2025, Bajaj Steel Inds is in a bearish trend, supported by negative signals from the weekly MACD, Bollinger Bands, and daily moving averages, despite a mildly bullish indication from the 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 strong indication from the weekly MACD and Bollinger Bands both signaling bearish trends. The daily moving averages also confirm a bearish outlook. While the monthly MACD and KST are mildly bearish, the overall strength of the bearish trend is reinforced by the lack of positive signals in the RSI and the prevailing bearish sentiment in the weekly timeframe. The Dow Theory presents a mildly bullish signal on the weekly but is overshadowed by the bearish indicators.
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