Is Jai Balaji Inds. technically bullish or bearish?
As of August 7, 2025, the technical trend is mildly bearish, with mixed signals from indicators like the weekly MACD showing mild bullishness and the RSI indicating bearishness, suggesting a cautious outlook.
As of 7 August 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the weekly MACD indicating mild bullishness, while the monthly MACD remains mildly bearish. The RSI on a weekly basis is bearish, and Bollinger Bands reflect a mildly bearish trend on the weekly chart. Daily moving averages are bearish, and the KST shows mild bullishness on the weekly but is mildly bearish monthly. Dow Theory indicates a mildly bearish stance on the weekly, contrasting with a mildly bullish monthly view. Overall, the mixed signals suggest a cautious outlook with bearish tendencies prevailing.
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