Is Jindal Steel technically bullish or bearish?
As of July 22, 2025, Jindal Steel's technical trend is mildly bullish, supported by bullish weekly MACD and Bollinger Bands, despite mixed signals from monthly indicators and On-Balance Volume.
As of 22 July 2025, the technical trend for Jindal Steel has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The Bollinger Bands are bullish on both weekly and monthly charts, supporting the mildly bullish stance. Daily moving averages are also bullish, reinforcing the positive outlook in the short term. However, the KST shows a mildly bearish trend on the monthly basis, and the Dow Theory reflects a mildly bullish stance weekly but mildly bearish monthly. The On-Balance Volume (OBV) presents a mixed picture, being mildly bearish weekly and mildly bullish monthly. Overall, the current technical stance is mildly bullish, driven primarily by the bullish indicators on the weekly MACD and Bollinger Bands, alongside daily moving averages.
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