Is Jio Financial technically bullish or bearish?

Jun 25 2025 09:28 AM IST
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As of June 24, 2025, the technical trend is mildly bullish, supported by a bullish weekly MACD and Bollinger Bands, despite some short-term weakness indicated by daily moving averages.
As of 24 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are also bullish, indicating positive momentum. However, the daily moving averages are mildly bearish, which suggests some short-term weakness. The Dow Theory shows a mildly bearish stance on the weekly chart but is mildly bullish on the monthly chart. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and Bollinger Bands on the weekly timeframe.
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