Is JSW Steel technically bullish or bearish?

Sep 09 2025 08:10 AM IST
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As of September 8, 2025, the technical trend has shifted to bullish, supported by strong indicators like a bullish MACD and Bollinger Bands on both weekly and monthly time frames, despite a mildly bearish KST on the monthly.
As of 8 September 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 on both time frames. Daily moving averages confirm the bullish sentiment. Although the KST is mildly bearish on the monthly, the overall Dow Theory remains bullish on both weekly and monthly charts. The stock has shown significant returns compared to the Sensex, particularly over the 3-year and 5-year periods, further reinforcing the bullish outlook.
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