Is Jindal Poly Inve technically bullish or bearish?

Jun 13 2025 08:05 AM IST
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As of June 12, 2025, the trend is mildly bullish due to positive daily moving averages and weekly MACD signals, but caution is advised due to mixed longer-term indicators, including mildly bearish monthly MACD and Dow Theory signals.
As of 12 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum and the weekly MACD also showing bullish signals. However, the monthly MACD and KST are mildly bearish, suggesting some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, supporting the overall positive outlook. The Dow Theory indicates a mildly bearish stance on the weekly chart, which adds to the mixed signals. Overall, while there are bullish indicators, the presence of bearish signals in the longer time frames suggests a cautious approach.
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