Current Market Condition
Jio Finance was launched in August 2023 at a price of ₹262 and began rallying, reaching an all-time high of ₹394 in April 2024. After hitting this high, it started consolidating with signs of weakness.
Immediately after making the all-time high, it broke the support zone on a smaller timeframe, which was a strong signal of weakness. It attempted to move up, but selling pressure was strong, preventing further gains.
After 8-9 months of consolidation, in December 2024, it broke the downside range, shifting the trend from sideways to down on both the weekly and daily timeframes. Following heavy selling, it hit an all-time low of ₹199 in March 2025. However, due to positive news about Jio Finance being included in the Nifty 50, the stock found support near ₹200.
Upside expected levels/targets for Jio Finance
If Jio Finance starts moving upward, the first target is ₹275, followed by the second target at ₹300. The third average target is ₹340, representing a 47.8% return from the current market price of ₹230.
Plan of action for Jio Finance
If a stock is trading at an all-time low, we cannot take a direct entry. A different strategy is needed for such stocks, and Jio Finance is a great example of that. Before taking any action, we must wait for strong confirmation.
When a stock is near its all-time low, it indicates that the trend is down across all timeframes, and it will take time to shift the trend to up in any timeframe.
In this case, the first possibility is that the stock will consolidate for some time. The second possibility is that it may begin to rise, providing confirmation for entry. Therefore, the entry should be based on strong signals, not market news. Everyone should avoid entering based solely on news.
As per the current price action, Jio Finance is trading at ₹227. If it closes above ₹260 and sustains that level for a week, it will provide the first strong confirmation for entry. The entry can then be planned based on the price action at that time.
Be patient, be profitable
As of now, wait for strong confirmation before planning an entry. Don’t rush to buy it now; wait for the consolidation to complete. The stock may come down after hitting the resistance level of ₹260, providing an opportunity to enter at a lower price.
What to Do with Jio Finance as of April 17, 2025
It has confirmed a trend reversal — now we can plan an entry.
Comment below for the exact entry point, stop-loss, and target levels!
FAQs
Q1: What is the current trend of Jio Finance stock?
Jio Finance is currently in a downtrend on both weekly and daily timeframes. After reaching an all-time high of ₹394 in April 2024, it entered a consolidation phase and eventually broke down, hitting an all-time low of ₹199 in March 2025.
Q2: Why did Jio Finance stock fall so much?
The fall was due to a combination of technical weakness, selling pressure, and a breakdown of key support levels after months of sideways movement. Despite positive news like inclusion in the Nifty 50, the stock couldn’t sustain its levels and declined to ₹199.
Q3: Is Jio Finance a good stock to buy now?
Not yet. Since the stock is trading near its all-time low, direct entry is risky. Investors should wait for strong confirmation, such as a sustained close above ₹260, before considering an entry.
Q4: What is the ideal strategy for entering Jio Finance?
- Wait for a close above ₹260 and ensure it sustains for a week.
- Monitor price action closely around that level.
- Avoid buying based solely on news or hype.
Q5: What are the upside targets for Jio Finance in 2025?
- First target: ₹275
- Second target: ₹300
- Third target: ₹340
These targets offer a potential upside of nearly 47.8% from the current price of ₹230—if the trend reverses with confirmation.
Q6: What are the risks of buying Jio Finance too early?
Entering too early—especially near all-time lows—can result in further downside, as the trend is still negative. Without confirmation, the stock may retest lower levels.
Q7: What’s the best advice for new investors in Jio Finance?
- Be patient and avoid emotional decisions.
- Wait for clear technical signals before entering.
- Use proper risk management and don’t rely on news alone.
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Disclaimer
Stock market investments are subject to market risks. The information in this article is for educational purposes only and should not be considered financial or investment advice. Readers should do their own research or consult a financial advisor before making any investment decisions. The author and publisher are not liable for any financial losses incurred.