To reach the targeted runs, England has already collected 50 from 1 wicket. I think England will fulfill the targeted runs and win the match.
Yes, if England batsmen perform well in this innings then England will win. Now this match is unlikely to be a draw, because there are still two days, so England players don't need to rush, if England batsmen can bat patiently they can win. England opening batsman Zak Crawley was dismissed for 14 runs. Now England need 324 runs to win with 9 wickets in hand. Now if this match is a draw or England can win then England will win the series, if India wins then this series will be a draw. I also think England have a higher chance of winning. But let's see how aggressive Indian bowlers can bowl and which team can win.