10-09-2024 10:54 AM | Source: Religare Broking
Stock of the day : Jio Financial Services Ltd For Target Rs. 360 - Religare Broking
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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