Powered by: Motilal Oswal
2025-12-26 10:55:34 am | Source: Religare Broking Ltd
Stock of the day : IIFL Finance Ltd by Target Rs. 635 - Religare Broking Ltd
Stock of the day : IIFL Finance Ltd by Target Rs. 635 - Religare Broking Ltd

IIFL Finance Ltd

Buy IIFL Finance Ltd CMP 602.15 Range 600-603 SL 584 Target 635

* IIFL continues to maintain a steady rising structure, characterized by a higher high-higher low formation.

* The stock has witnessed a fresh breakout from an elevated base, supported by a strong bullish candle and a notable surge in volumes.

* Additionally, prices are trading comfortably above key moving averages, which are positively aligned and fanned out.

* The price action, along with the positioning of the momentum indicator suggests further upside potential. Hence, traders may consider initiating long positions within the mentioned range.

 

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ00017433

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here