JFS stock price: Sebi's latest processing status report on MF applications suggested that the application by JFS and BlackRock Financial Management dated October 19, 2023 was under consideration of getting an in-principle approval.
Sectorally, buying was seen in telecom, capital goods, consumer durables, and healthcare while realty, banks, utilities, and FMCG stocks saw some selling pressure.
Significant call writing buildup is witnessed in 20950 and 21000 strikes, while on the puts front, 20900-20850-20800 witnessed considerable OI additions. Overall, the range for the day could be 20750 on the downside and 21017 on the upside
As per Angel One, this week 20850 is viewed as immediate support, and sustained trading below this level could trigger a price correction, potentially bringing prices toward the next support at 20700.