Stock Radar: Down 30% from its peak! This investment firm nears key support; should you buy or sell?
- Posted on February 7, 2025
- By Business News Today
- 6 Views
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Stock Radar: Down 30% from its peak! This investment firm nears key support; should you buy or sell?
![](https://img.etimg.com/thumb/msid-117987300,width-1070,height-580/premium-articleshow.jpg)
Jio Financial hit a high of Rs 394 on April 23, 2024, but lost momentum, closing at Rs 249 on February 5, 2025, marking a 36% decline. The stock has broken key moving averages, signalling strong bearish control. Currently hovering around Rs 230, this level has acted as crucial support since late January 2025.