JIO FIN SERVICES LTD
Long

Jio Financial Services Ltd - at a critical technical juncture

175
⚠️ Disclaimer: This chart is for educational purposes only.


Technical Outlook & Strategy
The stock is currently consolidating just below a major resistance zone, forming a base for potential breakout.
A weekly close above ₹393 with strong volume could trigger a fresh rally toward ₹424 and ₹456.
Bullish Scenario:
Breakout above ₹393 with volume > 100M
Targets: ₹424.85 → ₹456.60
Stop-loss: Below ₹329.70

Bearish Scenario:
Breakdown below ₹297.95 may indicate trend reversal.
Support zones: ₹275–₹250

Jio Financial Services is at a critical technical juncture. After recovering from its lows, it is now testing a major resistance zone. A volume-backed breakout above ₹393 would confirm a bullish continuation, while failure to hold ₹297.95 would weaken the setup. Monitor price-volume action closely in the coming weeks.

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