JIOFIN | Potential pullback trade after recent TL breakout

STOCK TREND - BULLISH

MULTI TF ANALYSIS
==================
MONTHLY - Strong upward move
WEEKLY - TL breakout with MARUBOZU candle
DAILY - TL and RTS breakout


TECHNICAL ANALYSIS
===================
RSI > [60]
VOLUME > [20] MA
Support/Resistance Zone - [295.70 - 307.30]
Demand Zone - [297.10 - 304.95]


FUNDAMENTAL ANALYSIS
======================
Compounded Sales Growth - [10%]
Compounded Profit Growth - [1%]
Stock Price CAGR - [-10%]
Return on Equity - [1%]

Note: The stock is currently extremely overvalued as Stock PE(127.43) ~ Industry PE(28.41).


TRADE DESIGN
=============
ENTRY - [305]
SL - [275]
TARGET - [394]
RRR - [1:2.97]+

Disclaimer: This chart study is for educational purpose only. Kindly trade at your own risk.