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
Mobile—8240951127/9831313654.
