Is Jindal Steel technically bullish or bearish?

Nov 09 2025 08:10 AM IST
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As of November 7, 2025, the technical trend is bullish, supported by strong indicators like a bullish MACD and moving averages, despite some mixed signals from the KST and Dow Theory.
As of 7 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance 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 in both time frames. Daily moving averages are bullish, reinforcing the positive momentum. Although the KST is bullish weekly but mildly bearish monthly, the overall technical picture remains strong. The Dow Theory shows a mildly bullish stance on the weekly chart, while the monthly chart indicates no trend. The stock has performed well against the Sensex, with a year-to-date return of 15.08% compared to the Sensex's 6.50%.
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