Jio Financial gains bullish momentum after SEBI clears JV plan

Jio Financial shares show bullish momentum after SEBI's nod for its mutual fund JV with BlackRock. Analyst Prameela Balakkala highlights that the stock shows strong technical momentum, fueled by key breakout signals and positive market developments. She sees a potential breakout above ₹295. For the momentum signal, she suggests tracking RSI crossing 60 on weekly charts.