IIFL Finance — Strong Rally, Mild Pause 💹

IIFL Finance held firm near ₹574, showing a brief consolidation after an impressive multi-week rally. The stock remains in a strong uptrend, sustaining above key breakout levels and supported by solid fundamentals in the NBFC space. Technical View: Price action is consolidating near the resistance zone around ₹580. Stock continues to trade above its 9-EMA (₹535), maintaining higher-lows structure. RSI (14) at 63.8 — healthy momentum with room for upside. Support: ₹530 | Resistance: ₹590–₹605 | Bias: Bullish continuation after minor pause. Fundamental View: Strong growth across gold loans, MSME lending, and housing finance. Asset quality remains stable; NIM expansion continues to aid profitability. Analysts expect healthy FY26 earnings driven by operating leverage and credit demand recovery. Outlook: Holding above ₹530 sustains bullish structure — potential for ₹600+ in near term.