Jio Financial ---- Deep AnalysisJIOFIN -- 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.
#Nifty #Sensex #Jio #Reliance
Jiofinservices
JIOFIN | Cup & Handle | Daily
### 🏦 \ NSE:JIOFIN (Jio Financial Services) – Cup & Handle Breakout
🔍 **Pattern:** Cup & Handle
📈 **Breakout Level:** ₹306.50
🎯 **Target:** ₹324.05 (+5.6%) | Extended target: ₹347.35
📉 **Stop-loss suggestion:** Below ₹282.85
📊 **Volume:** Strong surge confirms breakout
🔁 **Structure:** Cup → Handle → Breakout
🧠 **Context:** Recovery after consolidation from 52-week high
🧾 **Insights:**
* Major cup formed post-downtrend with deep consolidation near ₹200
* Breakout from smaller handle within larger bullish structure
* Volume spike validates the bullish intent
* Multiple higher lows with strong buyer participation
📌 **Bias:** Bullish above ₹306.50
> Textbook breakout with volume confirmation. Watch for retest near ₹306–₹308 as buying opportunity.
\#JioFinancial #NSE #TechnicalAnalysis #BreakoutTrading #CupAndHandle #StocksToWatch
YOUR EVERYDAY BANKJio Financial - CMP 280
JFSL was originally incorporated as Reliance Strategic Investments Private Limited in July, 1999 under the Companies Act 1956. Jio Financial Services Limited was incorporated in July, 23. JFSL is a NBFC-ND-SI registered with RBI. The company is a holding company and will operate its financial services business through its consumer-facing subsidiaries namely Jio Finance Limited (JFL), Jio Insurance Broking Limited (JIBL), and Jio Payment Solutions Limited (JPSL) and joint venture namely Jio Payments Bank Limited (JPBL). Jio Financial Serv
This is just to boost my confidence. No Suggestions for buying. I will keep checking and updating my mistake if last post gone wrong...
Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial Adviser before making any decisions.
Double bottom breakout in JIOFINChart -> JIOFIN Daily
CMP: 238
Good Range to Buy: 230 to 240
Targets: 253, 281, 300
SL: 220 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
JIO FIN SERVICES - Swing ContenderOn the larger scheme of this this stock has been beaten down and the trajectory is deep negative. However, in the very short term the stock can correct its trajectory and as a trader one can make use of these opportunities.
A volatility contraction has happened forming a base on shorter timeframe. Expecting this stock to perform well over the next 2 days.
EWT – Can Bulls Push NSE JIOFIN to New Highs?Timeframe: Daily
After hitting a low of 202.8, NSE JIOFIN has formed an impulsive cycle. Wave ((2)) has not retraced more than 100% of Wave ((1)). Sub-Wave (3) is a powerful extended wave, reaching 261.8% of the Fibonacci extension of Wave (1). The price has completed Wave (4) at 307, marking an exact 50% retracement of Wave (3).
The impulsive structure is expected to resume following a breakout above the corrective slope. However, if the price encounters strong resistance at the upper channel, there is also a possibility of a triangle formation on the daily timeframe chart. The 337 level will pose a significant challenge for the bulls to overcome.
According to the alternative chart, the price has completed Wave D at 337.95 and has begun forming Wave E. If the price doesn’t break below the low of Wave C, Wave E could alternatively be interpreted as a 1-2 wave formation. If price breaks out 338 , traders can trade for the following targets: 360 – 383 – 405 +. A breakdown of Wave A at 307 will require a reassessment of the entire wave structure
We will update further information soon.
Jio Financial Services Ltd - Breakout OpportunityDate : 2-Sep-2024
LTP : Rs. 344.90
Resistance Level/s: (R1) Rs. 368 --> (R2) Rs. 394 --> (R3) Rs. 447
Support Level/s : (S1) Rs. 310 --> (S2) Rs. 295.70
Technical View:
• NSE:JIOFIN is in strong uptrend since Nov-2023. It was recently going through it's secondary downtrend within primary uptrend.
• After touching the high of 394.70 on 23-Apr-2024, it has retraced 21% to 310 level.
• On 2-Sep-2024, NSE:JIOFIN has broke out from it's secondary downtrend with higher than average volume.
• NSE:JIOFIN has managed to close above 20 DMA and 50 DMA on 2-Sep-2024.
• RSI has entered buy zone and trading at 61.42.
• Both RSI and MACD are showing positive divergence on daily chart.
• Looking good to start a new swing from here.
Like the analysis? Boost/Like this idea and follow my ID.
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. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
JIOFIN LTD TURNAROUND NSE:JIOFIN
Jio Financial Services Ltd. operates as a non-banking financial company. It offers finance, trading and investment services. The company was founded on July 22, 1999 and is headquartered in Mumbai, India.
#JIOFIN Day chart analysis 🧐
🔹Trend: Weekly Trend Up.
🔹Swing :- Forming a retracement
🔹View: Reversal is very likely from the demand zone.
🔹Structure:- Slow PullBack on the day chart now it should build a range for a few more days then resume up move ⚡️
🟢Entry: Above -340
♦️RISK:- 305 Day Closing Basis.
🎯Target :- Mentioned on chart 📊
Detailed analysis on chart Study it and mark levels on your chart.
Always Use position sizing before entering the trade.
Keep learning,
Happy trading.
Jio Financial Services Ltd - Breakout OpportunityDate : 20-Jun-2024
Rating : Buy - Positional Trade
LTP : Rs. 365.55
Targets: (1) Rs. 394 --> (2) Rs. 448
SL : Rs. 335 on daily close basis
Technical View:
• NSE:JIOFIN is in it's primary uptrend and was recently going through it's secondary downtrend.
• After touching the high of 394.70 on 23-Apr-2024, it has retraced 22% to 307.30 level.
• On 20-Jun-2024, NSE:JIOFIN has broke out from its secondary down trend with higher than average volume.
• NSE:JIOFIN is trading above 20 DMA, 50 DMA and 21 DEMA.
• RSI is trading at 56.16 and MACD is trading at 0.98.
• Looking strong to start a new swing from here.
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. Ideas are published for learning purpose only.
Jio Financial Services Ltd. - Short Term TradeDate : 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 65.22 and MACD is at 18.80. Both are indicating good momentum and strength to move the price up.
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.
JIOFIN - Ichimoku Breakout📈 Stock Name - Jio Financial Services Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 385.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
Excited about this analysis? Share your thoughts in the comments below!
👍 Like, Share, and Subscribe for daily market insights! 🚀
#StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap #jiofin