Is POWER & INSTRUMENTATION (GUJARAT) in uptrend or downtrend?

In the short term price movements in PIGL share indicates the market is Bearish but has taken halt for sometime.

What are POWER & INSTRUMENTATION (GUJARAT) support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Power & Instrumental (Gujarat) Limited in the short-term, the supply zone around 117 and 120. Hence, good chances of resistance around 120. 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 Power & Instrumental (Gujarat) Limited share is around 103 and 100. Hence, good chances for support around 100.

Why is POWER & INSTRUMENTATION (GUJARAT) share price falling today?

Latest analysis on PIGL stock suggest, as per it's price structure, it is making lower highs and lower lows on intraday charts. This represents a bearish trend. That's why PIGL stock is having a fall today. Perhaps it's worth looking at the long-term and mid-term trend analysis of PIGL stock to understand the overall trend.

POWER & INSTRUMENTATION (GUJARAT) Share Price | Forecast Analysis

Q: What is POWER & INSTRUMENTATION (GUJARAT) share price forecast for tomorrow?

In Power & Instrumental (Gujarat) Limited stock current resistance level is at 117 and support level is at 103. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bearish.

Analyzing Market Data

Analyzing Market Data