A TECHNICAL UPDATE ON JIO-FINANCIALS SERVICES LTD-1.4.2026

 

JIO-FINANCIALS SERVICES LTD

SECTOR: FINANCE---OTHERS. 

TTM/EPS;-Rs.2.53

TTM/PE:-88.58 /SECTOR PE:-171.59

BOOK VALUE:-Rs.212.45

PRICE TO BOOK VALUE:-1.06

DIVIDEND YIELD:-0%

FACE VALUE: - Rs.10/

EQUITY: - 6353cr.

SHARE HOLDING PATTERN:- PROMOTER—47.12% ---FII---11.55%----DII---15.54%---- PUBLIC---21.41% & OTHERS---4.35.

All-Time High: --394.70 made on 23.4.2024.

All-Time Low: --198.65 made on 3.3.2025. 

Open---228.90--High-231.50--Low-223.30—Close-224.10 on 30.3.2026. 

Support:221.33/217.01/213/203.10/202.80/198.65. 

Resistance:226.65/229/232/237/242/251.60/266.95/274.35/282.70/288.15/292.20/293.50/298/306/310/321.60/335.40/338.60/347.35/351/363/368.60/376/394.70. 

(Bold and underlined figures are most important). 

It is on an extremely weak footing technically and into bear market territory, therefore further fall is very much on the horizon in coming days and if it remains below 226.65 on the closing basis then it is likely to test its all-time low of 198.65 but it is expected to bounce back from this point because it is a key point, but break and sustain close below it could take it down much lower and in that case possible support point on the basis of Fibonacci numbers  could be at 161---151---145---130---112---81. 

Similarly if it moves above 226.65 and sustain on the closing basis for some time then it may consolidate for some time for an up-move, but please note that it will take a long time to get back into the up-momentum track again. 

In view of the above observation, aggressive & risk taking traders or investors can try long trade near 198.65 with a stop loss of 192 or can try buying if it moves above 226.65 and sustain on the closing basis with a stop loss of 220. But for risk-averse traders or investors it is suggested to wait for the fall to arrest and initiate buying only when it gives visible indication of bottoming out. As of now the bias is hugely bearish. 

IMPORTANT: DO NOT TRADE OR INVEST WITHOUT STOP LOSS. 

NOTE: - It is a technical assessment of the stock as of now, the technical interpretation changes with the price movement and time, therefore it has to be reviewed at regular intervals, furthermore  investors are advised to look into fundamental, financial details of the company because that too keeps on changing and last but not the least management perception for the future of the company before taking investment decision.

Disclaimer:- I am not a SEBI registered technical analyst. The view expressed here are solely of the author and purely for the academic and educational purpose. This is in no way a trading or investment advice.

 

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

 

Note: Price stated here are of spot market.

 

Contact me for strategic guidance to enter and exit trade.

 

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.

 

A TECHNICAL UPDATE ON RELIANCE INDUSTRIES LTD -30.3.2026

 

RELIANCE INDUSTRIES LTD

Open—1401--High---1404.70---Low—1345--Close---1348.10 on 27.3.2026. 

All-Time High:-1611.80 made on 5.1.2026

All-Time Low:-6.65 made in 1996.

Recent Low:-1114.85 made on 7.4.2025. 

The overall technical setup is very weak and the long term uptrend is potentially threatened, therefore it is likely to go down further in the coming days. Moving down its important support range could be as follows:-

1. 1336----1289---1260.

2.1231----1114--- break & sustained close below 1114 may witness an accelerated   

                            fall and can drag it down to 990 levels or lower.

Similarly the following points are termed as make or break bottom and are supposed to be a strong support points:-

1.1517.60.—----IT IS BELOW IT NOW.

2.1356.90.—----IT IS BELOW IT NOW.

3. 1340.60.

4.1289. BEAR MARKET THRESHOLD POINT –sustained break may trigger fresh fall.

5.1114.85. VERY CRITICAL POINT—sustained break may accelerate the fall.

6.1097.21.

7.990.

8.915.64.

9.852.27.

10.831.06.

It is suggested to buy in a staggered manner only once it gives visible indication that the fall is arrested or downside may be limited and if it holds any of the support points or range as mentioned above for some time then start buying with a strict stop losses. Please note that 1289 & 1114.85 is a very critical support point and break & sustained close below it may witness an accelerated fall and as of now the overall technical setup indicates that it is likely to break these point in coming days, so watch out. It is suggested not to hurry for buying because overall market condition is very fluid and sentiments are at the lowest at this point of time. 

It is important to mention here that investor can get good companies stock cheaper only when the technical parameters are weak, therefore for investor those who are slight risk taker and have patience and can hold the stock for 3-5 years time period should only buy in a staggered manner with the help of above observation for good or handsome return. Similarly for the risk-averse investor one should only buy when it gives distinct indication of bottoming out and consistently start moving up, but in this case one will get the stock at a higher price. 

REMARKS;-In view of the above observation for long term investors one should structure their buying as suggested above. 

FOR SHORT TERM TRADERS OR INVESTORS.

 

S.N    BUYING RANGE OR POINT          STOP—LOSS       REMARKS

1.      1307----1289                                   1260                  FOR AGGRESSIVE TRADER/INVESTOR.

2.      1214---1114                                  1090                 FOR SLIGHTLY SAFE TRADER/INVESTOR.

3.      1114                                                 1090                  FOR REASONABLY SAFE TRADER/INVESTOR.

FOR LONG TERM INVESTORS

Initiate buying near or if it breaks 1289 then buy near 1214, 1114,1097,990 in a staggered manner and buy only half of the targeted quantity and buy rest of the quantity only once it moves above 1289 and sustain on the closing basis with a stop loss of 1250.

IMPORTANT: DO NOT TRADE OR INVEST WITHOUT STOP LOSS.

NOTE: - It is a technical assessment of the stock as of now, the technical interpretation changes with the price movement and time, therefore it has to be reviewed at regular intervals, furthermore  investors are advised to look into fundamental, financial details of the company because that too keeps on changing and last but not the least management perception for the future of the company before taking investment decision.

Disclaimer:- I am not a SEBI registered technical analyst. The view expressed here are solely of the author and purely for the academic and educational purpose. This is in no way a trading or investment advice.

 

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

 

Note: Price stated here are of spot market.

 

Contact me for strategic guidance to enter and exit trade.

 

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.

 

A TECHNICAL UPDATE ON DIXON TECHNO (INDIA) LTD -18.3.2026

 

DIXON TECHNO (INDIA) LTD

Open—10379--High---10459---Low—10211--Close---10289 on 17.3.2026.

All-Time High:-19148.90 made on

All-Time Low:-312 made in 2019.

Recent Low:-9630 made on 9.3.2026. 

The overall technical setup is very weak and it is already into bear market territory as it is below its threshold point of 15319.12 and other critical point of 12120 &11646, so it is likely to go down further in the coming days. Moving down its important support range could be as follows:-

1. 9950----9550.

2.9200----8800---8456--break & sustained close below 8456 may witness an accelerated   

                                      fall and can drag it down to 5785 levels or lower.

Similarly the following points are termed as make or break bottom and are supposed to be a strong support points:-

1.15593.—----IT IS BELOW IT NOW.

2.13280.—----IT IS BELOW IT NOW.

3.12202.20--- IT IS BELOW IT NOW.

4.10620------- IT IS BELOW IT NOW.

5.8456---------VERY CRITICAL POINT

6.7932.55.

7.7198.35.

8.6503.50.

9.5782.85.

10.5076.

11.4733.45.

12.3953.

13.2754.05.

14.2553.

It is suggested to buy in a staggered manner only once it gives visible indication that the fall is arrested or downside may be limited and if it holds any of the support points or range as mentioned above for some time then start buying with a strict stop losses. Please note that 8456 is a very critical support point and break & sustained close below it may witness an accelerated fall and as of now the overall technical setup indicates that it is likely to break this point in coming days, so watch out. It is suggested not to hurry for buying because overall market condition is very fluid and sentiments are at the lowest at this point of time. 

It is important to mention here that you can get good companies stock cheaper only when the technical parameters are weak, therefore for investor those who are slight risk taker and have patience and can hold the stock for 3-5 years time period should only buy in a staggered manner with the help of above observation for good or handsome return. Similarly for the risk-averse investor one should only buy when it gives distinct indication of bottoming out and consistently start moving up, but in this case one will get the stock at a higher price.

REMARKS;-In view of the above observation for traders & short term investor’s one can buy near or within the range of 9750—9650 and then in the range of 8600---8456                                  with a stop loss of 9500 & 8380 respectively or can buy if it moves above 11540 & 12000 and sustain on the closing basis then with a stop loss of 11540 & 12000 and for long term investors one should structure their buying as suggested above. 

FOR SHORT TERM TRADERS OR INVESTORS. 

S.N    BUYING RANGE OR POINT          STOP—LOSS       REMARKS

1.      9750----9650                                   9500                  FOR AGGRESSIVE TRADER/INVESTOR.

2.      8600---8456                                  8380                 FOR SLIGHTLY SAFE TRADER/INVESTOR.

3.      IF SUSTAINS ABOVE 11646       11540                  FOR REASONABLY SAFE TRADER/INVESTOR.

4.      IF SUSTAINS ABOVE 12120       12000                  FOR SAFE TRADER/INVESTOR.

FOR LONG TERM INVESTORS

Initiate buying if it breaks 8456 then buy near 7700, 7100,6500,5800,4700 in a staggered manner and buy only half of the targeted quantity and buy rest of the quantity only once it moves above 8456 and sustain on the closing basis with a stop loss of 8380.

IMPORTANT: DO NOT TRADE OR INVEST WITHOUT STOP LOSS.

NOTE: - It is a technical assessment of the stock as of now, the technical interpretation changes with the price movement and time, therefore it has to be reviewed at regular intervals, furthermore  investors are advised to look into fundamental, financial details of the company because that too keeps on changing and last but not the least management perception for the future of the company before taking investment decision.

Disclaimer:- I am not a SEBI registered technical analyst. The view expressed here are solely of the author and purely for the academic and educational purpose. This is in no way a trading or investment advice.

 

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

 

Note: Price stated here are of spot market.

 

Contact me for strategic guidance to enter and exit trade.

 

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.

 

A TECHNICAL UPDATE ON THE L & T LTD-16.3.2026

 

L & T LTD

Open—3696--High---3697---Low—3424.50--Close---3439 on 13.3.2026.

All-Time High:-4440 made on 24.2.2026.

All-Time Low:-15.57 made in 1998.

Recent Low:-2965.30 made on 7.4.2025. 

The overall technical setup is very weak and it is already into bear market territory as it is below its threshold point of 3552, so it is likely to go down further in the coming days. Moving down its important support range could be as follows:-

1.3200----2965---break & sustained close below 2965 may witness an accelerated fall.

2.2100---1900.

3.1600---1400--break & sustained close below 1400 can pull it down further. 

Similarly the following points are termed as make or break bottom and are supposed to be a strong support points:-

1.3720.10.—IT IS BELOW IT NOW.

2.3516.40.—IT IS BELOW IT NOW.

3.3405.10.

4.2965.30—MOST IMPORTANT & CRITICAL BOTTOM.

5.2846.05.

6.2168.50.

7.2050.10.

8.1797.40.

9.1456.35.

10.1306.

11.843.

It is suggested to buy in a staggered manner only once it gives visible indication that the fall is arrested or downside may be limited and if it holds any of the support points or range as mentioned above for some time then start buying with a strict stop losses. Please note that 2965.30 is a very critical support point and break & sustained close below it may witness an accelerated fall and as of now the overall technical setup indicates that it is likely to break this point in coming days, so watch out. It is suggested not to hurry for buying because overall market condition is very fluid and sentiments are at the lowest at this point of time. 

It is important to mention here that you can get good companies stock cheaper only when the technical parameters are weak, therefore for investor those who are slight risk taker and have patience and can hold the stock for 3-5 years time period should only buy in a staggered manner with the help of above observation for good or handsome return. Similarly for the risk-averse investor one should only buy when it gives distinct indication of bottoming out and consistently start moving up, but in this case one will get the stock at a higher price. 

REMARKS;-In view of the above observation for traders & short term investor’s one can buy near or within the range of 3200—2965 with a stop loss of 2920 or can buy if it moves above 3552 and sustain on the closing basis then with a stop loss of 3500 and for long term investors one should structure their buying as suggested above.

IMPORTANT: DO NOT TRADE OR INVEST WITHOUT STOP LOSS. 

NOTE: - It is a technical assessment of the stock as of now, the technical interpretation changes with the price movement and time, therefore it has to be reviewed at regular intervals, furthermore  investors are advised to look into fundamental, financial details of the company because that too keeps on changing and last but not the least management perception for the future of the company before taking investment decision.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view. This is for educational purpose. 

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

 

Note: Price stated here are of spot market.

 

Contact me for strategic guidance to enter and exit trade.

 

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.

 

A TECHNICAL UPDATE ON ACC LTD-2.12.2025

 

ACC LTD

TTM/EPS;-Rs.177.72 (+63.50%yoy)

TTM/PE:-10.41 /SECTOR PE:-44.66

BOOK VALUE:-Rs.988.07

PRICE TO BOOK VALUE:-1.87

DIVIDEND YIELD:-0.41%

FACE VALUE: - Rs.10/

EQUITY: - 187cr.

SHARE HOLDING PATTERN: - PROMOTER—56.69% ---FII---5.05%----DII---22.71%---PUBLIC---11.80% & OTHERS---3.75%.

All-Time High: --2844 made on 2.7.2024.

All-Time Low: --67.89 made in 1998.

Recent Low: - 1778.45 made on 3.3.2025.

Open----1868---High---1868---Low—1847.70---Close---1850.50 on 1.12.2025. 

Support:1838.60/1817.70/1813.40/1807.20/1802.40/1781.10/1780/1779/1778.45/1762.65/1754/1732/1704.20/1700/1695/1676/1659/1592.35.----- 

Resistance:1860.40/1874.05/1881.10/1891.20/1916.70/1920/1927/1972.90/1987/1999/2028.80/2064.65/2079.85/2119.90/2150/2187.55/2207/2267.70/2314.90/2378.40.--- 

(Bold and underlined figures are most important). 

Technically it is on an extremely weak footing, but now it is very near to multiple support range of 1807---1778, therefore it seems that it could be a value buying range. But please note that it may take moderate to long time to get back into up momentum track. It may bounce back from the above mentioned range but break & sustain close below this range could drag it down to the range of 1677---1460 which could be a strong bounce back range , but break & sustained close below this range could take it down to the much lower levels. 

Similarly if it moves above 1950 and sustain on the closing basis then it may gain some strength for moving up further and if it moves above 2030 and sustain on the closing basis then it is likely to extend the up-move further for sure and then the broad upside target could be 2185---2311---2437---2593---2631, it could correct at any of these points and then may resume the up-move or halt the up-move for a while, but if it moves above 2631 and sustain on the closing basis then it could retest its all-time high of 2844 or may go beyond it also. 

In view of the above observation for long term investors it is suggested to buy a token quantity now or on decline but not below 1778 with a stop loss of 1750 and can add on stock if it moves above 1950 and then 2030 and sustain on the closing basis with appropriate stop loss. 

NOTE: - DO NOT INVEST OR TRADE WITHOUT STOP LOSS. 

NOTE: - It is a technical assessment of the stock as of now, the technical interpretation changes with the price movement and time, therefore it has to be reviewed at regular intervals, furthermore  investors are advised to look into fundamental, financial details of the company because that too keeps on changing and last but not the least management perception for the future of the company before taking investment decision.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view. It is for the educational purpose.

 

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

 

Note: Price stated here are of spot market.

 

Contact me for strategic guidance to enter and exit trade.

 

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.