JIO-FINANCIAL SERVICES LTD
SECTOR: Financial Services.
TTM/EPS;-Rs.2.56
TTM/PE:-120.86(High) /SECTOR PE: 28.26
BOOK VALUE:-Rs.215.87
PRICE TO BOOK VALUE:-1.44 as on 5.9.2025
DIVIDEND YIELD:-0%
FACE VALUE: - Rs.10/
EQUITY: - 6353cr.
SHARE HOLDING PATTERN: - PROMOTER—47.12%---FII---12.30%----DII---14.86%---PUBLIC---21.38%
& OTHERS---4.32%.
All-Time High: --394.70 made on 23.4.2024.
All-Time Low: --198.65 made on3.3.2025.
Recent Low:--282.50 made on 4.6.2025.
FINANCIAL FACTS:--June Quarter-25 revenue-612cr/Mar-25
Qt-493.
June Qt-Net Profit---293cr/Mar-Qt- Net Profit—270cr.
Open—310--High-313.90.20--Low-308.90---Close-309.40 on 5.9.2025.
Support:307.20/306.30/298.70/282.50/278/269.70/266.95/258.40/242/237.10/229/213/204.25/203.10/202.80/198.65.
Resistance:316.80/319.20/326/328.50/333.70/335.30/338.60/348/351/356.70/363/368.30/376/385.85/394.70.
(Bold and underlined figures are most important).
The overall technical is o.k. at this point of time but it is into correction mode now therefore further fall from here cannot be ruled out, so moving down the immediate good support range would be at 306.30----298.70-----282.50---278 it could be a strong bounce back range therefore buying can be considered on decline in a staggered manner within this range but with a strict stop loss of 274. Please note that break & sustained close below the range of 306.30---298.70 will be an alert sign and may trigger fresh fall and break & sustained close below the range of 282.50---278 may witness an accelerated fall. Please note that moving down further the worst price for the stock seems to be in the range of 245----226 as of now, it could be a strong bounce back range, but break & sustained close below this range may drag it down to its all-time low of 198.65 or may be lower also.
Similarly moving up it its broad resistance points could be at 320---350----356(for in-between resistance point see resistance table on the upside), it may correct at any of these points and then may resume the up-move again or it may halt the up-move for a while, but if it moves above 356 and sustain on the closing basis then it could retest its all-time high of 394.70 or may go beyond it also.
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
Mobile—8240951127/9831313654.
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Thank you for sharing your views.