Is Jindal Steel technically bullish or bearish?
As of October 10, 2025, the trend is mildly bullish with daily moving averages and weekly Bollinger Bands supporting this view, but caution is advised due to mildly bearish monthly MACD and KST indicators, alongside mixed signals from Dow Theory and recent underperformance compared to the Sensex.
As of 10 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating mild bullishness and weekly Bollinger Bands also showing mild bullishness. However, the monthly MACD and KST are mildly bearish, which tempers the overall bullish sentiment. The Dow Theory presents a mixed view with weekly readings being mildly bearish while monthly readings are mildly bullish. The stock has underperformed the Sensex over the past week and month, but it has shown strong performance over longer time frames, particularly in the 3-year and 5-year periods. Overall, while there are bullish indicators, the presence of bearish signals in some areas suggests caution.
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