Jindal Drilling & Industries Stock Forecast

Buy candidate since Nov 17, 2025 Gain 1.04%

The Jindal Drilling & Industries Limited stock price gained 1.04% on the last trading day (Tuesday, 18th Nov 2025), rising from ₹579.95 to ₹586.00. It has now gained 7 days in a row. It is not often that stock manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 3.08% from a day low at ₹573.35 to a day high of ₹591.00. The price has risen in 7 of the last 10 days but is still down by -0.38% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 23 thousand more shares were traded than the day before. In total, 108 thousand shares were bought and sold for approximately ₹63.17 million.

Given the current short-term trend, the stock is expected to fall -10.51% during the next 3 months and, with a 90% probability hold a price between ₹471.19 and ₹524.43 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

JINDRILL.NS Signals & Forecast

Mostly positive signals in the chart today. The Jindal Drilling & Industries Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at ₹567.93 and ₹575.88. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, October 20, 2025, and so far it has risen 7.10%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Jindal Drilling & Industries Limited stock

Jindal Drilling & Industries Limited finds support from accumulated volume at ₹570.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved ₹17.65 (3.08%) between high and low. For the last week, the stock has had daily average volatility of 2.41%.

Since the Jindal Drilling & Industries Limited has been rising for 7 days in a row, the risk over the next couple of days has increased. We don't expect a major reaction as the stock is in very good shape technically, and therefore hold a positive evaluation despite the very short term risk.

Our recommended stop-loss: ₹553.68 (-5.52%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 18 days ago.)

Trading Expectations (JINDRILL.NS) For The Upcoming Trading Day Of Wednesday 19th

For the upcoming trading day on Wednesday, 19th we expect Jindal Drilling & Industries Limited to open at ₹583.45, and during the day (based on 14 day Average True Range), to move between ₹577.40 and ₹594.60, which gives a possible trading interval of +/-₹17.20 (+/-2.98%) up or down from last closing price. If Jindal Drilling & Industries Limited takes out the full calculated possible swing range there will be an estimated 2.98% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ₹587.75 (0.30%) than the support at ₹570.50 (2.65%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Jindal Drilling & Industries Limited stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.219 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on November 19, 2025 - ₹583.45 ( 0.435%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk