Jio Financial ---- Deep Analysis

Jun 18

JIOFIN -- High Probability Reversal Setup Based on ICT & SMC Concepts


Timeframe - Daily
Projection -- High Probability Reversal Setup expected.



Price Action Overview --

Stock is currently Respecting an internal bullish structure without breaking higher lows.
And stock is currently moving towards High probability POI zone along with --
Order block + FVG is 330-340 levels
Liquidity zone just below the Order block


Liquidity & POI Zone ----

Immediate Liquidity is resting above the levels of 290-300

Imbalance ---

Downside VOlume imbalance between 250-260 levels
below that there is breaker block support zone


RSI ----

Rsi divergence observed at bottom, which shows a bullish move
Rsi showing potential exhaustion or say confluence for reversal after POI is tapped.


Final projection for next 2-3-4 months view -----


Main Target (High Probability) -- Price likely to sweep buy-side liquidity above 300-310
tapping into orderblock + FVG zone 330-340 levels
Expecting strong rejection and sell-off towards Volume imbalance(255) and Breaker block(235)

If main Target Does not go well --- If rejection occures earlier around 300-310 then a partial distribution may trigger
earlier dump into volume imbalance without reaching to Orderblock.


This setup is just reflecting classic Buy-side liquidity grab >>>>> Sell off into imbalance.
Your views or comments are really welcomed. Also just give comments for any confusion or clarification.


[Disclaimer ---- This setup is made just for Educational purpose only. Strictly Do not consider it as any Advisory.
Consult your financial Advisory before any investments in any stocks or etc.]

#Nifty #Sensex #Jio #Reliance

Jul 2

Trade active

Jio financial is going according to our plan.

on 19th june, it respected the Previous Higher Low and move towards the Order block + FVG Zone from 280 to 330 levels and now rejecting the FVG Zone (330-340) as already highlighted and informed.


An Extreme POI is 340-342 levels, cross above would reject our plan, if sustain below this and takes liquidity for some days then we can see downside, for confirmation use lower time frame and with Liquidity Sweep + Imbalance + FVG and Rejection, that would be entry module for confirmation.