Is JAINAM FERRO ALLOYS (I) in uptrend or downtrend?

In the short term price movements in JAINAM share indicates the market is rangebound and indecisive, playing ping pong between levels.

What is JAINAM FERRO ALLOYS (I) share price forecast for tomorrow?

In NaN stock current resistance level is at 181 and support level is at 174. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are JAINAM FERRO ALLOYS (I) support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For NaN in the short-term, the supply zone around 181 and 180. Hence, good chances of resistance around 180. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for NaN share is around 174 and 170. Hence, good chances for support around 170.

Why is JAINAM FERRO ALLOYS (I) share price falling today?

Perhaps JAINAM stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

JAINAM FERRO ALLOYS (I) Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data