Is NMDC Steel technically bullish or bearish?

Oct 11 2025 08:12 AM IST
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As of October 10, 2025, NMDC Steel's trend is mildly bullish due to supportive weekly MACD and KST indicators, despite a bearish RSI indicating caution in momentum.
As of 10 October 2025, the technical trend for NMDC Steel has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the weekly MACD and KST indicators, which are both bullish. However, the weekly RSI is bearish, indicating some weakness in momentum. The daily moving averages remain bullish, supporting the mildly bullish outlook. Bollinger Bands show a mildly bullish trend on the weekly chart but are mildly bearish on the monthly chart. Dow Theory indicates no trend on the weekly timeframe but is mildly bullish on the monthly. Overall, while there are some bullish signals, the bearish RSI suggests caution in the near term.
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