IIFL Finance Ltd – Technical View
The stock continues to trade in a strong bullish trend, consistently holding above the 20-DMA, indicating sustained buying interest. Price remains within the upper Bollinger Band, reflecting strength, though the recent consolidation suggests mild profit booking after a sharp rally.
🔹 Resistance: ₹660–685
🔹 Support: ₹625 | Major: ₹565
🔹 RSI: ~65–67, bullish but nearing overbought levels
🔹 Volume: Healthy participation, no panic selling seen
📈 Bias: Buy on dips while above ₹625.
📉 A close below ₹565 may weaken the bullish structure.
📜 SEBI Regd RA | AALGO BREATHS (INH000019886)
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