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2025-11-18 11:39:50 am | Source: Religare Broking Ltd
Stock of the day : IIFL Finance Ltd by Target Rs. 596 - Religare Broking Ltd
Stock of the day : IIFL Finance Ltd by Target Rs. 596 - Religare Broking Ltd

IIFL Finance Ltd

Buy IIFL Finance Ltd CMP 561.60 Range 560-562 SL 543 Target 596

* IIFL formation reflects sustained bullish momentum, with price breaking prior swing highs on expanding volume.

* Price action remains firmly above key moving averages, reinforcing trend strength, while retracements are shallow as demand emerges on dips.

* Recent structure indicates a well-defined rising channel with decisive follow-through supported by increasing participation, signaling continued accumulation.

* Long positions near current zones remain technically justified to align with the prevailing upward trend.

 

 

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