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JIOFIN

JIOFIN 1D TFAs discussed in the previous posts NSE:JIOFIN , which came back after gaining liquidity from the demand zone is now forming a trend line with 3 touch points. The stock could be traded once it breaks out of the trend line. A good risk reward ratio of 1:1.5 can be gained from this trade. We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post. Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
NSE:JIOFINLong
by Joassh
SWING IDEA - JIO FINANCIAL SERVICESJio Financial Services , an emerging force in the financial sector, exhibits signs of a potential upward move, presenting a swing trading opportunity. Reasons are listed below : Strong Support Zone at 300 : This level has proven to be a strong support, enhancing the likelihood of a bounce. Bullish Hammer on Weekly Timeframe : A bullish hammer candlestick pattern indicates potential reversal and buyer interest at lower levels. 0.5 Fibonacci Support : The price is aligned with the 0.5 Fibonacci retracement level, suggesting that it could act as a springboard for further upward movement. 50 EMA Support on Weekly Timeframe : Trading above the 50 EMA adds to the bullish outlook and provides an additional layer of support. Target - 360 // 385 Stoploss - weekly close below 295 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:JIOFINLong
by Visionary_Growth_Insights
JIOFIN: Intraday and Swing Trading Opportunities Timeframe: 15-Minute for Intraday & Multi-Day for Swing Traders. Intraday Outlook: For aggressive traders, the Risological Indicator signals a confirmed bullish move with GREEN lines. If the GREEN indicator flips to RED, it’s time to book profits and exit the trade. Swing Trade Outlook: Using the Risological Swing Trader, TP (Take Profit) targets are clearly marked: TP1: 319.85 TP2: 333.35 TP3: 346.85 TP4: 355.20 Entry: 311.50 Stop Loss (SL): 304.75 This setup highlights the versatility of the Risological Indicator for both quick intraday decisions and strategic swing trades!
NSE:JIOFINLong
by ProfitsNinja
JIOFIN on Fire! Regulatory Approval Sparks Bullish Surge!Analysis Update: JIO FIN SERVICES (JIOFIN) 15m Time Frame Trade Type: Long Current Status: Target 1 (TP1) at 324.40 has been achieved. Remaining Targets: TP2 at 335.75, TP3 at 347.10, and TP4 at 354.15. Entry Point: Positioned at 317.35 with a stop-loss (SL) at 311.70 for risk management. Key Observations: Jio Payment Solutions, a subsidiary, has received approval to operate as an online payment aggregator, which could potentially drive bullish momentum in the near term. The Risological dotted trend line below the price action suggests an upward trend is currently maintained. Market Stats: Current Volume: 14.90M, slightly under the 30-day average of 17.30M. Market Cap: ₹1.98 Trillion With the recent regulatory approval, JIOFIN could see an uptick in buying interest, potentially paving the way for the remaining targets. Keep an eye on volume and trend strength as this development unfolds.
NSE:JIOFINLong
by ProfitsNinja
Jio Financial Services Ltd - Stock Review and AnalysisJIOFIN Jio Financial Services Ltd is currently attracting attention with its financial standing. Below is a quick snapshot of the company's key financial metrics: Market Cap: ₹2,16,965 Cr Current Price: ₹342 52-Week High/Low: ₹395 / ₹204 Stock P/E Ratio: 137 Book Value: ₹219 Dividend Yield: 0.00% Return on Capital Employed (ROCE): 1.55% Return on Equity (ROE): 1.27% Face Value: ₹10 Promoter Holding: 47.1% (with no shares pledged) Financial Health Check Valuation: With a P/E ratio of 137, the stock is priced higher than many in its sector. This suggests the market has high expectations of future growth. However, it also means the stock may currently be expensive relative to its earnings. Returns: The ROCE and ROE are quite low at 1.55% and 1.27%, respectively. This could indicate that the company is not yet generating significant returns on the capital employed or equity. Investors should consider whether these figures align with their investment goals, particularly if looking for long-term profitability. Dividend: Currently, the Dividend Yield is 0.00%, which means the company is not paying dividends. This may suit investors who focus on growth stocks over income-generating ones. Promoter Holding: The promoter holding is 47.1%, with 0% shares pledged, which reflects confidence from promoters in the company’s future performance. Technical Levels to Watch For those tracking Jio Financial Services Ltd from a technical analysis standpoint, here are some critical levels that could guide your trading decisions: Potential Upside: If the stock crosses the ₹346 mark, it might signal strength in the upward direction. Support Levels: The stock could find support at the ₹307 level, which might act as a floor for any downside moves. Targets: Based on current market sentiment and past price action, the stock could move toward targets of ₹395, ₹513, ₹619, ₹703, and even ₹815+. These levels are important for swing traders to consider. Jio Financial Services Ltd presents an interesting mix of high valuation with potential future growth, albeit with modest current returns. While the stock is trading at a premium based on its P/E ratio, it offers various technical levels that could be of interest to those tracking price movements closely. Disclaimer: We are not SEBI-registered advisors. The information provided is for educational purposes only, and readers should take care when using it for any investment decisions.
NSE:JIOFIN
by Kaviarasu_Chandrasekar
JIO Financial Services Ltd (JIOFIN) - Bullish Breakout on Daily 1. Bullish Breakout: The stock is attempting a breakout near the level of ₹356.65, indicating potential upward momentum. 2. Immediate Resistance Levels: Resistance at ₹376.05: The stock needs to surpass this level to confirm further bullish movement. Resistance at ₹394.25: The next critical resistance level is around ₹400, where the stock may face some selling pressure. 3. RSI Indicator: The RSI stands at 58.52, showing strength but not yet in overbought territory, which signals room for further upward movement. 4. Volume: Current trading volume is 13.663M, indicating decent market participation in the ongoing price action.
NSE:JIOFINLong
by GlobalMarketGuru
Jio Financial - A break-out for 600 targetJio Financial Services Ltd (JFSL), initially incorporated as Reliance Strategic Investments Private Limited in 1999, is now a registered NBFC-ND-SI with the RBI. It serves as the holding company for its financial services subsidiaries, including Jio Finance Ltd., Jio Insurance Broking Ltd., Jio Payments Bank Ltd., and Jio Payment Solutions Ltd., along with a proposed AMC business in partnership with BlackRock. As of H1FY24, JFSL boasts a market cap of ₹2,18,932 Cr and has a stock P/E of 138. Despite being almost debt-free and showing strong operational margins, the company does not currently pay dividends. CMP at 344 Target 612-625+ SL below 308
BSE:JIOFINLong
by profitoptionnew
1
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!!
NSE:JIOFINShort
by Swastik24