Is Jindal Saw technically bullish or bearish?

Jun 22 2025 08:04 AM IST
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As of June 20, 2025, Jindal Saw's technical trend is mildly bearish, supported by mixed MACD signals, lack of momentum in RSI, and bearish indicators from Bollinger Bands and moving averages, suggesting a cautious approach.
As of 20 June 2025, the technical trend for Jindal Saw has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains mildly bearish, indicating mixed signals. The RSI shows no signal on both weekly and monthly time frames, suggesting a lack of momentum. Bollinger Bands and KST are both mildly bearish on weekly and monthly charts, reinforcing the bearish outlook. Moving averages on a daily basis are also mildly bearish. Dow Theory indicates no trend on a weekly basis and mildly bearish on a monthly basis. Overall, the combination of these indicators suggests a cautious approach is warranted.
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