Is Jindal Drilling technically bullish or bearish?

Nov 09 2025 08:09 AM IST
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As of November 7, 2025, Jindal Drilling's technical trend has shifted to a moderate bearish stance, 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 for Jindal Drilling has changed from mildly bearish to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include the bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST and Dow Theory show mildly bullish signals on the weekly chart, but these are outweighed by the overall bearish indicators. The stock has also underperformed significantly compared to the Sensex over multiple time frames, further supporting the bearish outlook.
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