Is Jayaswal Neco technically bullish or bearish?

Jul 01 2025 08:12 AM IST
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As of June 30, 2025, the trend is mildly bullish due to a bullish MACD and moving averages, but mixed signals from the monthly MACD and Bollinger Bands suggest a cautious approach with potential upside if resistance levels are surpassed.
As of 30 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly chart and mildly bullish moving averages on the daily chart. However, the monthly MACD and Bollinger Bands indicate a mildly bearish outlook, which tempers the overall bullish sentiment. The KST is bullish on the weekly timeframe, while the Dow Theory shows a mildly bearish trend on the weekly as well. Overall, the mixed signals suggest a cautious bullish stance with potential for further upside if key resistance levels are overcome.
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