JIOFIN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | JIOFIN | Market Cap | 1,62,682 Cr. | Current Price | 246 ₹ | High / Low | 339 ₹ |
| Stock P/E | 239 | Book Value | 46.1 ₹ | Dividend Yield | 0.20 % | ROCE | 2.85 % |
| ROE | 2.51 % | Face Value | 10.0 ₹ | DMA 50 | 247 ₹ | DMA 200 | 273 ₹ |
| Chg in FII Hold | 0.06 % | Chg in DII Hold | -2.02 % | PAT Qtr | 80.0 Cr. | PAT Prev Qtr | 73.1 Cr. |
| RSI | 52.4 | MACD | 1.93 | Volume | 2,14,77,995 | Avg Vol 1Wk | 2,43,66,701 |
| Low price | 223 ₹ | High price | 339 ₹ | PEG Ratio | 1.33 | Debt to equity | 0.00 |
| 52w Index | 20.0 % | Qtr Profit Var | -17.6 % | EPS | 1.07 ₹ | Industry PE | 25.5 |
📊 Chart & Indicators
- Current price (₹246) is near DMA 50 (₹247) but below DMA 200 (₹273), showing short-term neutrality with medium-term weakness.
- RSI at 52.4 indicates balanced momentum, neither overbought nor oversold.
- MACD at 1.93 shows mild bullish crossover.
- Bollinger Bands: price near mid-band, suggesting consolidation.
- Volume (2.14 Cr.) below average (2.43 Cr.), showing reduced participation.
🎯 Entry & Exit Zones
- **Entry Zone:** ₹240 – ₹246 (near support).
- **Exit Zone:** ₹260 – ₹270 (resistance zone).
- **Stop-Loss:** Below ₹235 (support breakdown risk).
📈 Trend Status
- The stock is **consolidating with mild bullish bias**.
- Sustaining above ₹247 could trigger momentum toward ₹260+.
- Medium-term trend remains weak unless price breaks above DMA 200.
✅ Positive
- EPS at ₹1.07 with PEG ratio 1.33, indicating fair valuation relative to growth.
- Debt-to-equity ratio at 0.00, showing no leverage risk.
- Price supported by DMA 50.
- FII holdings increased slightly (+0.06%).
⚠️ Limitation
- Very high P/E (239) vs industry average (25.5), showing extreme overvaluation.
- Weak ROCE (2.85%) and ROE (2.51%).
- Dividend yield modest at 0.20%.
- Volume below average, limiting conviction.
- Quarterly profit variation (-17.6%) indicates earnings weakness.
📉 Company Negative News
- Decline in quarterly profits.
- DII holdings decreased (-2.02%).
- Overvaluation concerns with stretched P/E.
📈 Company Positive News
- Marginal increase in FII holdings.
- Technical indicators (MACD, RSI neutral) showing mild bullish bias.
- Debt-free balance sheet provides financial stability.
🏭 Industry
- Industry PE at 25.5 vs JIOFIN’s 239, showing severe premium valuation.
- Financial services sector supported by credit demand but facing volatility in institutional flows.
🔎 Conclusion
JIOFIN is consolidating near support with mild bullish signals from MACD and RSI. Fundamentals remain weak with low returns and extreme overvaluation, though debt-free status and slight FII inflows provide some cushion. Entry near ₹240–₹246 is favorable for tactical trades, with exits around ₹260–₹270. Sustained breakout above DMA 200 is required for medium-term bullish reversal.
Would you like me to extend this into a swing trade overlay comparing JIOFIN with peers like Bajaj Finance, HDFC Ltd, and Aditya Birla Capital for sector benchmarking?