Is Jindal Saw technically bullish or bearish?
As of July 11, 2025, Jindal Saw's technical trend is bearish with moderate strength, driven by bearish signals from moving averages and Bollinger Bands, despite a mildly bullish weekly MACD, and the stock has underperformed compared to the Sensex.
As of 11 July 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Jindal Saw is bearish with moderate strength. Key indicators driving this stance include the bearish signals from the daily moving averages and the weekly Bollinger Bands, along with the bearish readings from the KST. Although the weekly MACD shows a mildly bullish signal, it is offset by the overall bearish trend in other indicators. The stock's performance over the past month and year also reflects significant underperformance compared to the Sensex, further supporting the bearish outlook.
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