Is Jindal Steel technically bullish or bearish?

Sep 04 2025 08:06 AM IST
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As of September 3, 2025, the technical trend has shifted to bullish, supported by strong weekly indicators like the MACD and Bollinger Bands, despite some mild bearish signals in the monthly indicators.
As of 3 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish. Daily moving averages also confirm a bullish trend. Although the monthly MACD and KST are mildly bearish, the overall weekly indicators, including Dow Theory, lean towards a bullish sentiment. The stock has shown strong performance relative to the Sensex over various time frames, particularly in the 3-year and 5-year periods, indicating robust momentum.
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