IIFL Finance Ltd – Bullish Breakout Above Key Resistance

$IIFL The stock has delivered a strong breakout after a steady recovery, indicating fresh buying momentum and a positive trend continuation. 🔎 Technical Observations: • Strong breakout with bullish candle • Trading above key moving averages • Higher High–Higher Low structure intact • Rising volume supporting the move • Momentum indicators turning bullish 🔑 Key Levels: • Support: ₹590 – ₹575 • Major Support: ₹545 – ₹525 • Resistance: ₹632 – ₹654 🎯 Upside Targets: • ₹632 • ₹654 • ₹675+ ⚠️ Risk: A close below ₹575 may weaken the current bullish setup. 📈 Trading View: 👉 Breakout suggests bullish continuation. Sustaining above ₹610 can drive the next leg towards higher targets. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊