New Delhi, Sept. 29 -- Jio Financial Services shares fell more than 2% on Tuesday, 29 September, hitting a fresh 52-week low amid a broader sell-off in the equity market. The stock has declined more than 25% so far this year, with the recent breakdown below key support levels raising concerns over further weakness. Technical analysts point to multiple levels that could determine whether the stock stabilises or extends its decline.

Hitesh Rathi, Technical Analyst - Equity & Derivatives at Angel One, said the stock is now close to undoing its entire upmove from last year after the sharp recovery seen in 2025. While the broader chart remains range-bound, he identified the Rs.205- Rs.200 band as a strong long-term support zone. However, the ...