JIOFIN - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.2

📉 JIOFIN is currently consolidating near its 50 DMA with neutral momentum indicators and declining volume, suggesting indecision and limited short-term upside.

📊 Technical Analysis

• Trend: The stock is consolidating between its 50 DMA (₹309) and 200 DMA (₹300), showing lack of clear direction.
• Moving Averages: Price is hovering around both key averages, indicating neutral sentiment.
• RSI (47.1): Slightly below neutral, suggesting mild bearish pressure but not oversold.
• MACD (-0.27): Slightly negative, indicating weak momentum and potential for further consolidation.
• Bollinger Bands: Price is near the middle band, confirming low volatility and range-bound movement.
• Volume: Current volume (67.65L) is lower than 1-week average (94.11L), showing reduced participation.

Sources

tick.dailybulls.in

+2

🎯 Entry & Exit Zones

• Support Zone: ₹295 – ₹300 (200 DMA and recent base)
• Resistance Zone: ₹315 – ₹320 (minor swing highs and upper Bollinger Band)
• Optimal Entry: ₹298 – ₹305 (if RSI stabilizes and MACD flattens)
• Exit Target: ₹318 – ₹325 (short-term recovery zone)

✅ Positive

• Quarterly PAT surged from ₹71.5 Cr. to ₹456 Cr., showing strong earnings growth.
• PEG ratio of 5.76 suggests high growth expectations.
• Zero debt-to-equity ratio reflects strong financial health.
• DII holding increased by 0.10%, indicating domestic institutional confidence.

⚠️ Limitation

• High P/E ratio (278) compared to industry average (31.4) indicates significant overvaluation.
• ROCE (2.64%) and ROE (2.22%) are low, reflecting weak capital efficiency.
• MACD and RSI show weak momentum, limiting short-term upside.

📉 Company Negative News

• FII holding decreased by 0.45%, showing reduced foreign investor interest.
• Volume decline suggests waning interest at current levels.

📈 Company Positive News

• EPS of ₹1.10 and 52-week gain of 72.6% reflect long-term investor interest.
• Strong quarterly profit variance (49.7%) supports growth narrative.

🏦 Industry

• Industry P/E is 31.4, far below JIOFIN’s, suggesting sector-wide caution or JIOFIN’s premium valuation.
• Financial services sector is sensitive to interest rate cycles, fintech innovation, and regulatory changes.

🧾 Conclusion

• JIOFIN is currently consolidating with neutral technical indicators and limited momentum.
• Short-term traders should wait for MACD to turn positive and RSI to cross 50 before entering.
• Long-term investors may consider accumulating near ₹300 with a target of ₹325, maintaining stop-loss below ₹295.