Is JINDAL DRILLING AND INDUSTRIES in uptrend or downtrend?

In the short term price movements in JINDRILL share indicates the market is Sideways. However, the bulls are trying to absorb supply to take control.

What are JINDAL DRILLING AND INDUSTRIES support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Jindal Drilling & Industries Limited in the short-term, the supply zone around 561 and 560. Hence, good chances of resistance around 560. 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 Jindal Drilling & Industries Limited share is around 497 and 500. Hence, good chances for support around 500.

Why is JINDAL DRILLING AND INDUSTRIES share price falling today?

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

JINDAL DRILLING AND INDUSTRIES Share Price | Forecast Analysis

Q: What is JINDAL DRILLING AND INDUSTRIES share price forecast for tomorrow?

In Jindal Drilling & Industries Limited stock current resistance level is at 561 and support level is at 497. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

Analyzing Market Data

Analyzing Market Data