Positional Setup for Jio Financial Services Ltd (NSE)

CMP: ₹300.80

Immediate Resistance: ₹306

Support Levels: ₹277 / ₹267 / ₹254

Structure: Rounded bottom breakout in progress after a prolonged downtrend recovery

Momentum Indicator: RSI near breakout confirmation, strength building

📈 Technical View (Positional)
Price is retesting key resistance at ₹306 — a breakout above this level may unlock a fresh upside rally.

Increasing volumes and bullish recovery from lows (~₹215) suggest accumulation.

Close above ₹306 (preferably with volume) will confirm the rounded bottom breakout.

🚀 Positional Levels:
Entry Range: ₹295–₹305 (on closing confirmation)

Target 1: ₹330

Target 2: ₹358

Target 3: ₹390

Stop-Loss (Closing Basis): ₹277