JIOFIN - BUY ACTIVEJIOFIN - BUY ACTIVE
Chart Insights : 1Day Chart
We can see stock breaks the cup & handle pattern with good volume and can expect upside move if its sustain above the resistance.
Buy only on retest and sustain above
JIOFIN trade ideas
JIO FINANCIAL SHORT TERM AND LONG TERM VIEWJIO FINANCIAL SERVICES (DAILY TIMEFRAME)
IPO base formation is taking place in this stock. Key levels to watch - Around 260 zone.
Retracement taken on 0.5 fibo zone.
The stock has been forming higher lows which shows bullish signs.
If it closes and sustains above 260 level then expected move upto 280 , 308 on short term.
for long Term Holding our Expected Level 380, 470+++
Jio FinanceStrong customer base of the company, blockrock partner and one more thing that customer being diverted from Paytm, this company may benefit from the paytm collapse, and stock had just crossed listing price, so positive surprise can be seen in the stock in the coming week, good for long term, can be multibegger stock. Goof pareny company, they will do better planing for the company.
JIOFIN LONGThe Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure.
The Elliott Wave analysis indicates that the stock has completed waves (1) and (2), which are shown as blue numbers on the daily chart. Wave (3) appears to be underway at this time and might reach a maximum length of 161.8% of wave (1) from wave (2)'s lowest point.
It is anticipated that wave (3) will have about five subdivisions. According to the study, wave (i),(ii),(iii) and wave (iv) have ended in a red number, suggesting that there may be more upward movement in wave (v).
Wave levels shown on chart.
Level of Invalidation
The termination point of wave (2) has been identified as the invalidation level at 202.25. If the price falls below this level, it can indicate that the expected Elliott Wave pattern is not as it seems.
I am not a registered Sebi analyst. My research is being done only for academic interests.
Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses.
Regards
VJ
JIOFIN
simple ORB strategy....i will buy near EOD if the price trade above the blue line..after enteri will wait for target or (SL) Will be red line belowe close candle in D' chart i will come out .....
its just my view educaltional purpose only
jio fin swing trade 15% roijio fin going to rally upside, resistance at 261. can turn into a support if the day closses above 261 giving a bullish sign
note: i am not a sebi registered investor, invest at your own risk
JioFin ascending triangle breakout done JioFin ascending triangle breakout done
can look for tp of 260-264 from current level of 245-247
stop will be 229 below closing daily basis
dc : educational purpose only
JIOFIN : Booked a profit of 22.05% on the invested capitalBooked profit at a level close to the all time high since I expect a sell-off from these levels. I'll consider a re-entry if price falls back to the low of the current channel formed.
JIOFIN bullish; above 270 ? - Tuesday 16 Jan.The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
Jio Financial Services at Important Level• Resistance level 266.95
• If close above this resistance level can be bought for short term
Jio Financial Services LtdJIOFIN - Short term
Stock ready to fly
Buy above 225 | Tgt 235, 245 and 253 | sl 215
It is my view, to trade on your analysis
Breakout Jio financial has given a breakout from symmetrical triangle pattern. Looks good for upside
Disclaimer: not a buying, selling recommendation. For educational purposes only.
JIOFIN - Short TermFor Educational Purpose..
#JIOFIN BUY SHORT TERM
In Daily Chart Showing Tringle Pattern on Candlestick & Line Chart...
Buy Above - 225
SL - 215
Target - 235, 245, 255, 265
Thank you
Pattern formation in #jiofinPattern formation in #jiofin
Narrow monthly CPR
Early identification potential breakout stocks will give perfect entry,that will reduce risk and helps to main good reward ratio
Keep on radar
Buying opportunity in Jio financeA 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 .
Jio Financial- Cup and HandleJio Financial is forming Cup and Handle and forming positive price action. It's a long term holding stock. Can Cross 350+ levels and 500 in 24-36 months time.
Discl- Invested since 210 levels
Jio Financial - Update
Please read the notes on the chart, but I would suggest to make any investment after 21st December 2023 only.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
JIO FIN SERVICES
Rs.Cr.
Jio Financial
Q2-FY24 Sep23 Sep22 Growth
Revenue 149 3 4,866%
Gross Profit 124 3 4,033%
Net Profit 89 2 4,350%
Jio Fin Service near BOBreakout above the current zone will open doors to the above Blue Zones on Daily tf
Jio Financial - Update
Provided are the price swing levels for JIO Financial. Buy only above 23.6% Level. Timewise, it should be above yesterday's 9:56 candle.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you
Jio Financial
Now, price of Jio Financial has crossed high of 29th September 2023, it has become support for the stock. Major resistance now is 14th September and 16th September which can be taken as immediate targets.
Buy with a stop low of high of 29th September candle.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
