Date : 18-Mar-2024
Rating : Buy - Short Term Trade
LTP : Rs. 352.55
Targets: Rs. 409
SL : Rs. 335
Technical View:
• NSE:JIOFIN is in its primary uptrend since Oct-2023.
• After touching a life time high of 374 on 12-Mar-2024, it has retraced up to 15% to 318 level.
• NSE:JIOFIN has broke out from its secondary down trend on 18-Mar-2024.
• RSI is at...
570 within (Sep 2024 )
If Sustains above that red line in weekly
Disclaimer :
It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Sock has bounced back from the support zone and currently hovering near it's previous swing high on daily charts. As per the current formation stock is likely to move up towards it's resistance zone with any weakness holding above 200-195 zone.
Note : Publishing this 2nd idea on NSE:JIOFIN in continuation to my 1st one (link given below), to provide analysis with updated chart and targets.
Suggested on : 23-Nov-2023
Rating : Buy (Mid Term as well as Long Term Opportunity)
LTP on 23-Nov-2023 : Rs. 221.90
Targets Achieved : (1) Rs. 233 --> (2) Rs. 266 --> (3) 288 --> (4) 295 --> (5) 318
Next...
This is the analysis of JIOFIN in Daily Time Frame. Watch carefully. The chart explains itself.
In DTF JIOFIN formed Cup & Handle Pattern. JIOFIN closed above the green up line of Suraranjan Trading Band indicator but facing resistance at immediate level. If it breaks and sustains above the level, good for the stock.
There are some prediction levels. These Levels...
A beautiful cup and handle pattern is forming in Jio finance share which is also having good fundamentals . One can buy share near 240 with a stoploss of 229 and with a short term target of 252 ,265 and 300 .
