Jio Financial Services Ltd – 1W
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JIOFIN
Trend:
Downtrend with lower highs & lower lows
Key Levels:
Resistance – 255 / 275 / 308
Support – 220 / 202
Price Action:
Breakdown below 275 led to sharp selling. Price is now consolidating near lower zone (~220–240) after continuous decline. No strong bullish structure yet.
Expected Move:
Reclaim above 255 → Short-term pullback towards 275
Failure to hold 220 → Further downside towards 202
Verdict:
Weak structure — recovery only above 255
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Disclaimer:
I am a SEBI Registered Research Analyst. This content is purely for educational and informational purposes only. It does not constitute investment advice or recommendations. Please consult your financial advisor before making any investment decisions.#TechnicalViews
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