There is good news for investors ahead of Christmas 2025. Brokerage firm Choice has selected Jio Financial Services (JFS) as its Christmas Pick 2025. The stock may have been trading in a limited range for the past one year, but now the technical charts are showing clear signs of strength. The brokerage believes that the stock may now move towards a new high after a prolonged consolidation.
Current stock status
Shares of Jio Financial Services rose slightly on Wednesday and traded at Rs. closed at 298.85. However, this share has declined by around 2% in the whole of 2025 so far. However, Choice’s technical analysts say that the recent weakness is now showing signs of a reversal.
Chart patterns are giving bullish signals
According to the report released under the leadership of Choice Executive Director Sumit Bagdia, a flag and pole pattern is seen forming on the weekly chart of JFS. This pattern usually signals a continuation of the trend. Brokerages say the stock could see a fresh rally if it strongly crosses its recent highs.
Target and investment strategy
Choice has set a medium to long-term target for Jio Financial Services at Rs. 335 to Rs. 350 has been kept. Investors get Rs. It is advised to consider buying at current levels around 300.5. Apart from this, if the stock falls and the price reaches around Rs 285, there is more buying.
Support from moving averages and RSI
Technically, JFS is taking strong support near its 100-week exponential moving average (EMA). Additionally, a bullish crossover of the 50 EMA has also been seen recently, indicating the strength of the trend. At the same time, the RSI is around 46, giving scope for further upside.
Support and risk levels
According to brokerage Rs. The 285 level is a strong support zone for JFS, where continued buying is seen. However, if the stock is Rs. If it slips below 275, it will be an important warning signal and the stock may experience temporary weakness.
A message to investors
Overall, Choice believes that Jio Financial Services is gradually strengthening on technical fundamentals and that the stock could offer better returns to investors around Christmas 2025.
Disclaimer: This article is for information only and should not be considered as investment advice in any way. BS NEWS advises its readers and viewers to consult their financial advisors before taking any money related decisions.