Here is the **technical analysis** for **JIO FIN SERVICES LTD (NSE)** based on your chart:
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### 📊 **Technical Analysis – JIO FIN SERVICES LTD**
**Pattern Identified:** Cup and Handle
**Breakout Level:** ₹262.85
**Target Price:** ₹324.05
**Current Market Price:** ₹281.75
**Potential Upside:**15% from current levels
---
### ✅ **Bullish Signals:**
* **Cup and Handle Formation:** A textbook bullish continuation pattern signaling accumulation followed by a breakout.
* **Breakout Confirmation:** Price has broken above the resistance zone (₹262.85) with strength and follow-through buying.
* **Volume Confirmation:** Breakout was accompanied by higher-than-average volume, reinforcing the validity of the pattern.
* **Measured Move Target:** Based on the cup depth (₹61), the projected target is ₹324.05.
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### 📌 **Key Levels:**
* **Immediate Resistance:** ₹324.05 (target zone)
* **Support Zones:**
* ₹262.85 (handle breakout support)
* ₹201.57 (previous swing low, base of cup)
---
### 📈 **Conclusion:**
JIO FIN SERVICES is displaying strong bullish momentum after confirming a **Cup and Handle** breakout. As long as the price holds above ₹262.85, the stock may trend toward ₹324+. A retest of the breakout zone can be a good opportunity to accumulate.
---
---
### 📊 **Technical Analysis – JIO FIN SERVICES LTD**
**Pattern Identified:** Cup and Handle
**Breakout Level:** ₹262.85
**Target Price:** ₹324.05
**Current Market Price:** ₹281.75
**Potential Upside:**15% from current levels
---
### ✅ **Bullish Signals:**
* **Cup and Handle Formation:** A textbook bullish continuation pattern signaling accumulation followed by a breakout.
* **Breakout Confirmation:** Price has broken above the resistance zone (₹262.85) with strength and follow-through buying.
* **Volume Confirmation:** Breakout was accompanied by higher-than-average volume, reinforcing the validity of the pattern.
* **Measured Move Target:** Based on the cup depth (₹61), the projected target is ₹324.05.
---
### 📌 **Key Levels:**
* **Immediate Resistance:** ₹324.05 (target zone)
* **Support Zones:**
* ₹262.85 (handle breakout support)
* ₹201.57 (previous swing low, base of cup)
---
### 📈 **Conclusion:**
JIO FIN SERVICES is displaying strong bullish momentum after confirming a **Cup and Handle** breakout. As long as the price holds above ₹262.85, the stock may trend toward ₹324+. A retest of the breakout zone can be a good opportunity to accumulate.
---
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
