Analyzing the remarkable 6.9% GDP growth of India in Q4 FY25, exploring...
Technicals for Jio Financial Services Limited
By MusingTheNews
2025-05-30 20:43
Overall Technical outlook
Price Summary
On 2025-05-30, Jio Financial Services Limited's stock opened at 288.0, peaked at 291.0, hit a low of 285.6, and closed -0.47% down at 286.65, with 17872970 shares changing hands. Over the previous 52 weeks, the stock reached a high of 365.55 and a low of 200.92.
Technicals
Support and Resistance: The price for JIOFIN at 286.65 finds support at 272.85 and resistance at 290.35. This suggests a trading range, where 272.85 serves as a support level and 290.35 acts as a resistance point, potentially capping further gains. Support/Resistance for JIOFIN
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Jio Financial Services Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for JIOFIN, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for Jio Financial Services Limited
Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net. Parabolic Stop and Reverse chart for Jio Financial Services Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for JIOFIN. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Jio Financial Services Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages are aligned in a bearish formation, indicating a downtrend. However, the slower SMAs appear to be losing steam, suggesting that the bearish momentum might be fading. This could be an early sign of a potential bullish pivot in the near future, as the market seems poised for a reversal from the current downward trend. Tripple SMA chart for Jio Financial Services Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into the development saga of the Kaveri engine for...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.