JIOFIN - Triangle Breakout towards 275 and possibly 290?Jio Financial Services LimitedNSE:JIOFINMurthy_SanthoshCMP: 256 TF: 75 Minutes The pattern formation and the projection are self explanatory, mentioned in the chart itself. Apparently, the recent swing high was also at 275, which, possibly could be a short term trading level. On Daily TF, price has just moved above the 0 line on MACD and RSI at 65 Historically, the price tops out when the daily RSI hits 75-80, so, we have some room left on the upside. The failing trendline connecting the tops could pose a rejection/halt at 290 levels too Caution: On the other side, the only challenge is that the price is approaching the 200 DEMA. The 200 DEMA has been a strong level of Support and Resistance on most of the scripts in general. Hence, we cant rule out a possibility of pullback from 200 DEMA before resuming the uptrend further. Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.