Is JSW Infrast technically bullish or bearish?

Jun 27 2025 08:08 AM IST
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As of June 26, 2025, the market trend is mildly bullish, supported by a bullish MACD and Bollinger Bands on the weekly and monthly timeframes, despite some bearish signals from daily moving averages and a lack of momentum confirmation from the RSI.
As of 26 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and bullish Bollinger Bands on both weekly and monthly timeframes. The Dow Theory indicates a mildly bullish outlook on the weekly chart, although it is mildly bearish on the monthly. The daily moving averages are mildly bearish, which slightly tempers the overall bullish sentiment. The RSI shows no signal on both weekly and monthly timeframes, indicating a lack of momentum confirmation. Overall, the strength of the bullish stance is moderate, driven primarily by the weekly MACD and Bollinger Bands.
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