JIOFIN

stock price breakout

on 24th may 2025 we have discussed about the stock

stating that "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" We have shared a positive view, and today the stock price rose 3.43% and it has given its closing above the 200 moving average, which indicates that a further rise in stock price may be seen