JIOFIN trade ideas
JIO FIN SERVICES LTDJIO FIN SERVICES LTD
The series of 1-2 1-2 is good sign of a stock to give the multifold returns.
Our stock JIO FIN SERVICES LTD is also making a series of 1-2 1-2 on daily chart and 4hourly chart. If you have the stock in your portfolio it is to keep it for multifold returns.
I am not aware of any news on the stock but feeling it will go up even in this tense situation.
Regards.
Buy JIO Fin with the target of 391*Stock Update - JIO Fin*
Jio Financial Services is seeking the approval of its shareholders for related party deals worth Rs36000cr ($4.3 billion) with group firm Reliance Industries’ retail unit.
Jio Financial is seeking approval of its holders for transactions during financial years 2024-25 and 2025-26
Jio Financial’s unit Jio Leasing Services plans foray into business of operating lease via a device-as-a-service
Buy Jio Fin cmp 365.30 with the Target of 391
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
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