Is Bajaj Steel Inds technically bullish or bearish?
As of October 17, 2025, Bajaj Steel Inds shows a mildly bearish trend due to conflicting indicators, with daily moving averages and Dow Theory suggesting bearish sentiment, while weekly MACD and KST indicate mild bullishness, warranting a cautious approach.
As of 17 October 2025, the technical trend for Bajaj Steel Inds has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment, while the weekly MACD shows a mildly bullish signal. However, the monthly MACD and Bollinger Bands remain bearish, contributing to the overall mildly bearish outlook. The KST is also mildly bullish on the weekly timeframe, but the Dow Theory indicates a mildly bearish trend. The RSI shows no signals on both weekly and monthly charts, suggesting a lack of momentum. Overall, the mixed signals indicate a cautious approach is warranted.
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