Is Jai Balaji Inds. technically bullish or bearish?

Sep 23 2025 08:11 AM IST
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As of September 22, 2025, the market trend has shifted to a bearish stance with moderate strength, supported by bearish signals from daily moving averages, weekly RSI, KST, and Bollinger Bands, despite a mildly bullish weekly MACD.
As of 22 September 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages indicating bearish momentum, along with the weekly RSI and KST both showing bearish signals. The Bollinger Bands are also bearish on both weekly and monthly time frames. Although the weekly MACD is mildly bullish, the overall trend and other indicators suggest a bearish outlook.
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