Is Bajaj Steel Inds technically bullish or bearish?
As of 29 September 2025, Bajaj Steel Inds shows a mildly bearish trend due to daily moving averages and KST indicating bearish signals, despite a mildly bullish weekly MACD, resulting in a cautious outlook with mixed signals.
As of 29 September 2025, the technical trend for Bajaj Steel Inds has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages and the KST, which are both indicating bearish signals. The weekly MACD shows a mildly bullish trend, but this is offset by the monthly indicators, which are predominantly bearish, including the Bollinger Bands and Dow Theory. The RSI shows no signal in both weekly and monthly time frames, indicating a lack of momentum. Overall, the mixed signals suggest a cautious outlook with a slight bearish bias.
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