📊 IIFL Finance – Regular Technical View

What the chart indicates Stock has reclaimed its previous resistance and is moving toward a new range high. Consistently trading above short-term moving averages, indicating trend strength. RSI around 67–68, showing positive momentum without extreme overheating. Volume remains steady, suggesting controlled accumulation rather than speculative spikes. Key positives Diversified business model (wealth, broking, lending) supports earnings stability. Market sentiment improving after a prolonged consolidation phase. Breakout from a multi-week range adds confidence to the up-move. Risk factors Financial stocks remain sensitive to regulatory news and liquidity conditions. Failure to sustain above the breakout zone may lead to range re-entry. Overall view IIFL Finance is showing a clean trend resumption. As long as price sustains above recent support levels, the bias remains positive with scope for gradual upside.