Is Jindal Steel technically bullish or bearish?

Nov 08 2025 08:13 AM IST
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As of November 7, 2025, Jindal Steel's trend is bullish, supported by strong indicators like MACD and Bollinger Bands, although the KST shows a mildly bearish signal on the monthly timeframe.
As of 7 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance for Jindal Steel is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend on both time frames. Daily moving averages are bullish, reinforcing the positive outlook. However, the KST shows a mildly bearish signal on the monthly, and Dow Theory indicates a mildly bullish stance on the weekly with no trend on the monthly. Overall, the strength of the bullish trend is supported by multiple indicators, particularly in the shorter time frames.
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