Is Jindal Steel technically bullish or bearish?
As of October 10, 2025, the market trend is mildly bullish, supported by positive weekly indicators, though caution is advised due to some bearish signals in longer time frames.
As of 10 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and KST indicators showing bullish signals, while the monthly MACD and KST are mildly bearish. The daily moving averages are also mildly bullish, supporting the overall positive sentiment. However, the weekly Dow Theory and OBV indicators are mildly bearish, indicating some caution. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, suggesting potential upward movement. Overall, the strength of the bullish stance is moderate, tempered by some bearish signals in the longer time frames.
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