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There is good news for investors before Christmas 2025. Brokerage firm Choice has chosen Jio Financial Services (JFS) as its Christmas Pick 2025. The stock may have been trading in a limited range for the last one year, but now clear signs of strength are visible on the technical charts. The brokerage believes that after a long consolidation the stock can now move towards a new rise.
current stock status
On Wednesday, Jio Financial Services shares saw a slight rise and closed at Rs 298.85. However, this share has fallen by about 2% so far in the entire 2025. Despite this, technical analysts of Choice say that after the recent weakness, now there are signs of reversal.
Chart patterns are giving bullish signals
According to the report released under the leadership of Choice Executive Director Sumeet Bagadia, a flag and pole pattern is seen forming on the weekly chart of JFS. This pattern usually indicates continuation of the trend. The brokerage says that if the stock strongly crosses its recent upper level, then it may see a new rise.
Target and investment strategy
Choice has kept the medium to long term target for Jio Financial Services at Rs 335 to Rs 350. Investors have been advised to consider buying at current levels around Rs 300.5. Apart from this, if the stock declines and the price reaches around Rs 285, then more buying can be done there.
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 50 EMA has also been seen recently, which shows the strength of the trend. At the same time, RSI is around 46, due to which there is scope for further upside.
Support and risk levels
According to the brokerage, the level of Rs 285 is a strong support zone for JFS, where continuous buying is being seen. However, if the stock slips below Rs 275, it will be a significant warning signal and there may be a temporary weakness in the stock.
Message to investors
Overall, Choice believes that Jio Financial Services is gradually gaining strength on technical grounds and this stock can give better returns to investors around Christmas 2025.
