NSE:JIOFIN Long Position on Jio Financial Services Ltd
Best Buy : 280+
Stop Loss : Below 255
Targets; 310/360/400/440+++++
About: Jio Financial Services Ltd, a subsidiary of Reliance Industries Limited (RIL), has been rapidly expanding its footprint in the financial services sector, leveraging the extensive customer base of Jio Platforms. With India's growing digital adoption and increasing demand for fintech solutions, Jio Financial Services is well-positioned to capitalize on these trends. Additionally, the backing of RIL provides stability and resources for sustained growth.
Technical :
Breakout of ascending triangle pattern.
Good support from lower levels.
Breakout with good volume.
Good Risk to Reward Ratio.
Thanks & Happy Trading
Disclaimer: This idea is only for educational purposes, Please Trade at your own RISK''
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Our first target of 310 has been achieved ..
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For those looking to make a new purchase, it would be wise to consider buying within the support range of 310. It's a great opportunity to get something fresh and exciting!