Is Jindal Drilling technically bullish or bearish?

Nov 08 2025 08:13 AM IST
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As of November 7, 2025, Jindal Drilling's technical trend is bearish with moderate strength, driven by bearish MACD, Bollinger Bands, and moving averages, despite some mildly bullish signals from KST and Dow Theory.
As of 7 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Jindal Drilling is bearish with a moderate strength. Key indicators driving this stance include a bearish MACD on the weekly timeframe, bearish Bollinger Bands on both weekly and monthly timeframes, and bearish moving averages on the daily chart. The KST and Dow Theory show mildly bullish signals on the weekly and monthly timeframes, but these are outweighed by the overall bearish indicators. The stock has also underperformed significantly compared to the Sensex over various periods, indicating weakness in price action.
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