Is Jubilant Food technically bullish or bearish?

Jul 09 2025 08:04 AM IST
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As of July 8, 2025, the market trend is bullish, supported by strong MACD and KST indicators, although some mixed signals from Bollinger Bands and Dow Theory suggest caution.
As of 8 July 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 the moving averages are also bullish on the daily chart. The KST confirms a bullish trend on both weekly and monthly levels. Although the Bollinger Bands indicate a mildly bullish stance on both weekly and monthly charts, the Dow Theory presents a mixed view with a mildly bullish weekly signal and a mildly bearish monthly signal. Overall, the strength of the bullish trend is reinforced by the positive momentum in MACD and KST, despite some mixed signals from other indicators.
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