Jio Financial Services Share Price Surges Above ₹325, But Faces Hurdle at ₹347 – Crypto News – Crypto News
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Jio Financial Services Share Price Surges Above ₹325, But Faces Hurdle at ₹347 Jio Financial Services Share Price Surges Above ₹325, But Faces Hurdle at ₹347

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Jio Financial Services Share Price Surges Above ₹325, But Faces Hurdle at ₹347 – Crypto News

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Jio Financial is still pushing higher this month, with price action holding above ₹320 and hovering near ₹326.70. It’s been on a strong run since March. Buyers have stepped in aggressively, lifting the stock through key resistance zones. But now it’s nearing a familiar ceiling, around ₹347. That’s where sellers stepped in hard last September, and it could get tricky again at that level.

Momentum Picks Up, But Chart Shows Overhead Pressure

  • Current price: ₹326.70
  • Immediate resistance: ₹347.65, then ₹363.25
  • Support zones: ₹321.60, ₹298.20, ₹281.30

Outlook: Watch for Profit-Taking Near ₹347

Jio Financial’s chart structure remains bullish overall, with higher highs and clean support retests. That said, the zone between ₹347.65 and ₹363.25 has acted as a major ceiling in past cycles. If bulls want to break through that band convincingly, they’ll need backing from both volume and fresh institutional inflows.

Until then, traders should brace for some choppy action around the ₹330–₹347 range, with ₹321.60 acting as an immediate pivot. A clean rejection near resistance could offer short-term entry points on dips.

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