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Jiofinanalysis

JIO-FINANCEJIO-FINANCE Jio Finance is approaching the completion of its Wave 2 correction, with the 50% retracement from the 0-5 wave structure already achieved. The chart suggests a potential breakout from the 4th wave of the C leg in the Y structure. If the price surpasses the 4th wave's high, we could see further upward movement. Additionally, a break above the (B) wave would indicate the end of the downtrend and the start of a higher-degree Wave 3. Disclaimer : This analysis is for informational and educational purposes only and should not be considered as financial advice. Always consult a professional before making investment decisions.
NSE:JIOFINLong
by imkhushal
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 - 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