JIOFIN

stock price analysis and breakout from consolidation phase

On 13th May 2025, a crossover has been seen between the 20 and 100 moving averages in the upward direction, which indicates a further rise in the stock price of

And after that, an Increase in stock price has been seen From 19th May 2025 stock price started o consolidate and On 19 it has formed a DOGI candlestick whose opening and closing were the same DOJI. It indicates that the bulls and bears are equally responsible for the formation of such a candlestick On 28th May, the stock price fell 2.02% On 21st May, it took support from the level 270 Yesterday it broke a Consolidation phase and gave its closing above the important resistance level of 280 RSI is a 69.35 Currently, the stock price is trading as 281.75, and the level of 280 will now act as an important support level As support and resistance are interchangeable once broken