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Jio Financial Shares Rise 3.45% as Stock Trades Above Resistance

At 9:35 a.m. IST (04:05 UTC), The Economic Times liveblog put the shares at ₹210.49 against an R3 level of ₹210.33.

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Commuters pass the Bombay Stock Exchange building in Mumbai’s Fort financial district during morning trading. / EconoTimes.ai
Commuters pass the Bombay Stock Exchange building in Mumbai’s Fort financial district during morning trading. / EconoTimes.ai

Jio Financial Services Limited shares were up 3.45% in a Chola Securities update at 10:04 a.m. IST (04:34 UTC) on Nov. 2, and The Economic Times had earlier reported that the stock was trading above its third resistance level.

The Economic Times’ liveblog recorded ₹210.49 at 9:35 a.m. IST (04:05 UTC), above its R3 threshold of ₹210.33. An earlier entry at 9:16 a.m. IST (03:46 UTC) showed ₹207.94, higher than its R2 level of ₹207.83. The post did not describe how it set the resistance thresholds.

A 9:53 a.m. IST (04:23 UTC) update from the liveblog listed ₹212.10, up 3.72%, alongside a 20-day simple moving average of ₹212.02. A separate snapshot at 9:53:54 a.m. IST (04:23:54 UTC) showed a last traded price of ₹211.81. Chola Securities’ 10:04 a.m. IST (04:34 UTC) update put the shares at ₹211.55, up ₹7.05.

The Economic Times also reported that the shares had fallen 5.71% over the past month and 17.19% over the past three months.

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