JIOFIN trade ideas
Jio Financial Daily - Breaking its Resistance zoneJio Financial Services is an Indian financial services company that was originally a subsidiary of Reliance Industries (RIL). It became an independent entity and was listed on the Indian stock exchanges in August 2023.
Only for educational purpose.
VCP & Pattern repetition in JIOFINJFS has been repeating it's pattern after consolidation currently forming vcp let's see how it works out
Lets see what it does...This is just a view about jio financial services.
I have seen this triangle from my perception.
what you think tell me in comment section....join me join trading view to access full set of tools available with TradingView.
Regards
Trade Idea in 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.
Jio Finance completed Cup and Handle pattern and we booked the target
Now Jio Fin will stay Stable (Flat) for quite sometime forming the Support at the current price.
With the FY closing and future plans of Jiofin, I am bullish overall in this stock
Jio FinanceJio Finance Breakout and Retest Pattern GETTEX:NSE : JIOFIN
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JIO for Long Term Holding cmp 251improving financials, trading above the monthly levels
Can hold for long term wealth creation for higher returns
cmp 251
Whether Jio is in impulsive move Whether Jio is in impulsive move
As per the chart pattern the JIO is looking in an uptrend with an impulsive move upside.
The count suggests that the price may touch 362.7 then a downward move upto 314-315.
We will hit 392 as wave (v) target in short term.
Stay tuned for more updates.
follow.
Regards
Disclaimer : I am not a registered analyst with the Securities and Exchange Board of India (SEBI) or any other regulatory authority. The information provided here is for educational and informational purposes only and should not be considered as financial advice. Any investment decisions you make should be based on your own research and consultation with a qualified financial advisor. It is important to note that investing in securities involves risks, and past performance is not indicative of future results. I strongly recommend consulting with a licensed financial professional before making any investment decisions. I do not accept any liability for any loss or damage incurred as a result of reliance on the information provided in this communication. Always conduct your own due diligence and seek professional advice before making any investment decisions.
JIO ATTEMPT 248.2 RESISTANCE... watch above 248.20-252---If this take out resistance then upside price expected to arrive 280-318 and 500 target to see. However below 220 if counter slips view will be incorrect.
This is not recommendation it just for your study purpose...Investing in securities carries risk.Pls review and consult your financial advisor. before making any decision of investment
20% fall incoming in JIO Financial Services LtdPrice is moving inside an ascending channel.
The entire up move ABC wave is Primary wave W, price got rejected at the top of the channel.
The pullback can be any waveform reaching the bottom of the channel near 265 level, will be wave X.
Then the up move reaching somewhere around 405 level, will be wave Y.
A nice 50% swing potential if bought near 265 level for a target of 405+ in 2-3 months.
Do your own due diligence before taking any action.
Peace!!
JIOFIN LongPositional Trade
JioFin Looks Good ABOVE 232.25
SL 206.95
Target 243.75-254.60-265.60-331.25 points from entry
Hold a few Weeks
Please consult your financial advisor before investing
All research is for educational purposes only.
Stock is ready to cross past barriers in daily, Daily time frames. breakout after consolidation.
Jio Finance looking Good at 210-220Dipawali Pick...
Book Value 182
Target1 - 262
Target2 - 340 (if closing above 262)
Target3 - 464
Time by achieving target will be 1 year (it can be more than that..)
Wishing You and your family Happy Dipawali
Disclaimer :-
I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this channel suggestions.
Consult your financial advisor before taking any decisions
JIOFIN Bullish Engulfing Trade 2:1 RatioJIOFIN Bullish Engulfing Trade 2:1 Ratio
15min tf
Only for educational purpose
Can start accumulate around 250Can start accumulate around 250 for the target of 300. Volume Point of control is at 253 level. At this level RSI 3 could come down to 20 and make it a good buying area. Fibonacci levels are mentioned in chart.
Just for educational purposes.
Decoding the next Big Bull - Jio FinanceJIO Finance - from the day of its Demerger listing - had gone thru a very subdued performance up until now. Finally the Tiger is out of the bushes and is showing up its real power
On the Technicals front - we can derive the Near to Short term view using chart patterns. Long Term view is still strongly bullish, but due to lack of history and patterns, we are proposing Incremental targets
Technical Analysis: Near to Short Term view
On Daily Time Frame, price has already completed a beautiful Cup and Handle Pattern / Bullish Ascending Triangle pattern with Target of 300.
Price did reach very close @ 295 to the target but fell sharply, retracing back to the C&H BO zone and took a bounce - now forming a Fresh Rounding Bottom pattern. BO above 296 WCB for New Target of 335
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Jio Fin will cross 400 by march endonce it will go above 320, next consolidation will be above 400.
i am not giving any trading advice, just sharing my thought.
Momentum jio finance Jio finance in a symmetrical triangle looks good for a blast in coming days operator playing and testing the patience of traders and investors but shares revving up for a blast
Sl 260 for momentum buy
Tgt 350 380
Atleast
Ask your financial advisor before buying only for educational purposes
JIOFINBounce back from 20DEMA
Risk Reward is very good
Price above Moving averages
RSI Bullish
Macd Bullish
Go for long position
Disclaimer This is my personal view for education purpose only
No Buy sell recommendations
If you entered a trade,Discuss your financial advisor.
#JIOFIN LONGTERM LONG TRADE SETUPGreetings Folks,
today i have prepared a setup of JIOFIN on NSE
the analysis is as follows-
- the price is approaching the all time low
- i am hoping for the price to take support near its ATL
- the market structure is not compelling
- the stock may pump/dump some times before making good structure
- i would advise you to be very cautious while dealing in this stock
dont play with fire, always use a predefined stoploss
Cup and Handle Pattern
]A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
