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Kundan Motwani

3rd Jun · SEBI-Registered Analyst

IFCI: Momentum Continues After Fresh Highs $IFCI

IFCI: Momentum Continues After Fresh Highs CMP CMP: ₹80+ Trend: Strong Bullish Structure: Higher Highs & Higher Lows with sustained volume participation. Technical View ✅ Fresh breakout into uncharted territory. ✅ Strong momentum supported by rising volumes. ✅ Trading well above key moving averages. ✅ Relative strength remains superior to the broader market. Trading Levels 📌 Support Zone: ₹76-78 🎯 Target 1: ₹88 🎯 Target 2: ₹95 🎯 Target 3: ₹100 🛑 Stop Loss: ₹74 (Closing Basis) Ready-to-Post Content 🔥 IFCI Hits New Lifetime High – Momentum Remains Strong IFCI continues to attract strong buying interest as the stock trades above ₹80 and maintains its bullish momentum. The stock has broken out of a long consolidation phase and is witnessing significant volume participation, indicating sustained investor interest. Technically, the trend remains firmly positive with the stock trading above all major moving averages and forming a strong higher high–higher low structure. As long as IFCI holds above the ₹76-78 support zone, the momentum could extend towards ₹88, ₹95 and potentially the psychological ₹100 mark. 📌 CMP: ₹80+ 🎯 Targets: ₹88 | ₹95 | ₹100 🛑 Stop Loss: ₹74 (Closing Basis)

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