Stock in radder-JIO FIN
CMP- 226
Stocks is forming FLAG AND POLE PATTERN,
As shown in photos , and given breakout.
Note- This is not a buy and sell advise, before buying and selling consult with your financial advisor.
JIOFIN daily chart...price has turned up from the earlier left bullish gap...bulls have probably regained control here...once it crosses the TL it can resume its earlier move towards 266 & 284 & even more in my view
JIO FIN SERVICE looking good .
large volume in buying side.
please wait for 01h candle close.
NOTE- Only for Education Purpose.
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As discussed in my last idea on the stock, it has found the base and now onwards these are the levels to watch.
Please trade with proper risk management.
I am not a SEBI Registered Analyst and this is only for educational purposes. Please trade in consultation with your financial advisor. I will not be responsible for any of your profits or losses.
Thank you
Jio financial is now forming base at the low of earlier months low i.e. low of 30th August 2023 and then low of 21st September 2023.
But, the important thing to note here is that:
1. This base will be confirmed only in the next session, if last but one candle i.e. 2:30 candle and any further candle doesn't break low of 22nd September 2023. because I told you in...
It may find its support at 224.1 now marked by white horizontal line. Don't be in haste. Levels to watch are 223, 219, 217. on any of these numbers support is likely to come. No major buying only SIP.
Markets do surprise , today watch till the candle of 3:00 to 3: 15. If support comes at these level which is very likely, buying only above 2:15 candle on...
Things stabilized for the stock today at -45 degree and we may see further recovery on 21st and 22nd August if today's low is not broken in the next two days.
There after full chances of recovery are there but buy level will be above the high of 14th September 2023 which is marked with white horizontal line which is lower by Rs. 4-5 of the earlier level which...
Please refer to my earlier post on Jio Financial where I suggested to buy only above 249.5. Link Provided.
Now, the things are more clearer. Levels are likely to be formed today and how will it be done, has been explained in the chart with the help of two butterflies, one with white outline wings and the other with purple.
Please wait for levels to be formed...
Buy only above 249.5 for an immediate target of 267 and if crosses above 267, 300 and 320 is very much on cards.
It is only for educational purposes, I am not a SEBI Registered Analyst. Please consult your financial Advisor before making any decision.
today's (4th Sep 23) gap up on this scrip has made an island reversal pattern (gap on both sides unfilled from 245.15 to 248.90) if this gap does not get filled in the near term. Based on FIBO retracement levels of 298 & 357 have opened up since it has crossed the previous high of 262 made on the listing day. Of course these levels may not come immediately and one...
Jio Financial hits 5% lower circuit for second straight day post listing
Till 11:39 am; a combined 6.03 million shares changed hands, with pending sell orders for 106 million shares on the NSE and BSE
Shares of Jio Financial Services locked in 5 per cent lower circuit at Rs 239.2 per share on the BSE in Tuesday's intra-day trade.
