Jio Financial Services Ltd

Date: 23-Nov-2023
Rating: Buy
LTP: Rs. 221.90
Target: (1) Rs. 233, --> (2) Rs. 266

Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.

Comment:

1st Target of Rs. 233 reached. Heading towards the next one.

Comment:

10% up from suggested level.

Comment:

Updates: 15-Jan-2024
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LTP: 266.75
2nd Target of 266 reached. 20% up from suggested level.

NEXT TARGET: 288

Comment:

Update: 5-Feb-2024
LTP: 289.10
3rd Target of 288 reached. 30% up from suggested level.

Comment:

Updates: 13-Feb-2024
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Showing strength post current retracement. Can eye on the below targets.
TARGET: (4) Rs. 295, --> (5) Rs. 318 ++

Comment:

Update: 22-Feb-2024
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LTP: 302.85
4th Target of 295 reached. 36% up from suggested level.

NEXT TARGET: 318

Comment:

Update: 24-Feb-2024
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LTP: 333.95 (on 23-Feb-2024)
5th Target of 318 reached. 50% up from suggested level.
NEXT TARGET: 356

However, based on it's history, it may retrace up to 295 before starting rally again. Overall bullish view is still intact.

Comment:

Update: 3-Mar-2024
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Will be publishing a new idea on JIOFIO to provide updated chart and revised targets. Please refer to new idea from here onwards.