Oil Exploration

JINDRILL

Jindal Drilling & Industries Ltd.

Wait and Watch

Early Trend
Stage 2 VCP active Vol compression

Setup readiness

Early Trend

35.0/100
Entry Zone
₹682.8-697.0
Support Level
₹655.2
Resistance
₹832.2
Risk / Reward
3.2 : 1
Risk Distance
6.0% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
56.0
ADX
29.0
Vol
53.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Developing setup

Some constructive elements are present, but leadership and breakout quality remain mixed.

Relative strength Neutral
Breakout readiness Low
Accumulation Distribution pressure

Bullish factors

  • MACD below zero — weak trend (−2).
  • Price remains below intermediate trend support (50DMA).
  • Price remains distant from the pivot — breakout readiness is low.
  • Reasonable 52w-high proximity (-16% below).
  • 1 prior pivot rejection in last 60d (-8 pts).
  • ATR shrinking 4 consecutive weeks — coil tightening precisely.
  • Pivot type: flat-top — premium structure.
  • Vol dry-up present but 4+ contractions — extended pattern.
  • Higher lows — buyers defending successive pullbacks.
  • Distribution pressure visible across recent sessions.
  • Volume at 12% of 50d avg — extreme supply exhaustion, spring loaded.
  • Volume at 52-week low — absolutely no sellers remaining.
  • Volume flow suggests quiet institutional accumulation.

Risk factors

Why not 100?

  • RS rank is below elite leadership band (<90)
  • Volume quality is not in top confirmation range yet

Overall view

Broader structure continues to reflect distribution rather than sustained demand. The setup is still developing — leadership and trend alignment need further confirmation.

Trade management framework

Research framework only. Use your own risk controls.

  • If price moves +1R, consider reducing downside by moving stop closer to entry.
  • If price reaches around +1.5R to +2R, consider partial profit booking (for example 20-30%).
  • If trend extends beyond +2R, consider trailing below a fast trend reference (for example 21 EMA).
Size this trade

Setup research

JINDRILL — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

B
66/100 Workable setup

Why now

Building toward the pivot (16% below)

  • Volume drying up into the base — supply fading
  • Confirmed Stage 2 uptrend

Flagged today

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector RS Lagging group
  • Relative strength Lagging (RS 56)
  • Trend strength Strong (ADX 29)

What invalidates it

This idea is wrong below ₹655.2 (-12.9% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹655.2
  • Pivot — failure re-entry below₹693.5

Risk distance

6.0% to stop
1.7× ATR
3.2× R:R
19.4% reward

Risk ≈ ₹41.79/share from entry ₹697.0.

No major skip flags detected from current scanner data.

JINDRILL Support & Resistance Levels

Trader brief

What to understand

JINDRILL Entry, Stop-Loss & Targets

Research heuristic · not a buy/sell call

Low scanner score suggests weak or incomplete structure. Use this page for context, not as a primary trade candidate until the score and trend improve.

Setup quality Weak · 35.0
Entry readiness Building · 50
AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Personalised swing trade analysis powered by Gemini AI

Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Setup highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Setup metrics Weak

JINDRILL Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Weak · 35.4
Volume Profile bearish
POC₹647.29
VAH₹686.2
VAL₹591.34
Vol above POC38.1%
Institutional Activity — Distribution
Avg cost basis₹556.0
Acc zone₹481.1–577.4
Accumulation Sessions1
CMF-0.14

Structure

Trend / stage
Stage 2 (Early)
Stage 2
RS rank
56.0
Weakening
ADX
29.0
Strong

Momentum

RSI
44.0
Weakening
Volume quality
53.0
Building
Relative strength
Neutral
Neutral

Risk

Failure risk
12.0
Low risk
Distribution
1 day(s)
Compression
Volatility
4 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 36.5%
VCP waves 4x
Vol dry-up Yes
Avg value ₹158.4 Cr
Failure flags Deep base
Peer comparison Sector peers

Sector Peer Comparison

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JINDRILL FAQ Common swing-trading questions

Frequently asked questions about JINDRILL

Is JINDRILL a good swing trade right now?

On Swing Edge's swing-setup framework, Jindal Drilling & Industries Ltd. (JINDRILL) currently grades B — workable setup. Building toward the pivot (16% below). Flagged today. This is educational research, not investment advice.

What are JINDRILL's support and resistance levels?

For JINDRILL, near-term support sits around ₹655.2 (the base/stop zone); overhead resistance is around ₹693.5 (the breakout pivot); the next resistance above is ₹832.2. This is educational research, not investment advice.

What is the breakout / pivot level for JINDRILL?

The breakout pivot for JINDRILL is around ₹693.5. Price is about 16.3% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is JINDRILL above its 50-day and 200-day moving averages?

Yes — JINDRILL is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is JINDRILL versus the market (RS rank)?

JINDRILL has a relative strength (RS) rank of 56 out of 100 versus the NSE universe, making it lagging the broader market on relative strength. Trend strength (ADX) reads 29, indicating a strong trend. This is educational research, not investment advice.

What are the entry, stop-loss and target levels for JINDRILL?

Reference swing levels for JINDRILL: entry around ₹697.0, stop-loss around ₹655.2, targets at ₹832.2 and ₹1,018.8. That works out to roughly a 3.2:1 reward-to-risk on the first target. These are reference levels for study only — this is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-19 — not live intraday NSE quotes.