Stock of the day : Jio Financial Services Ltd For Target Rs. 360

2024-09-10 10:54:51 am | Source: Religare Broking

Stock of the day : Jio Financial Services Ltd For Target Rs. 360 - Religare Broking

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Jio Financial Services Ltd

* JIOFIN seems to end its four month corrective phase after a strong rebound from its 38.20% retracement level.

* It has registered a breakout from a falling parallel channel while holding firmly above its important moving averages.

* Following price action and uptick in volumes, the stock is expected to resume its prevailing uptrend.

* Traders can consider longs in the mentioned range.

Buy Jio Financial Services Ltd CMP 341.7 Range 340-342 SL 332 Target 360

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Stock of the day : Jio Financial Services Ltd For Target Rs. 360 - Religare Broking

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