IIFL - Technical update for the stock
This is weekly chart - IIFL
RSI above 60
Stock in a strong supply zone for now
Supply zone at 560-570
Crossover above this zone can bring fresh up-move in the stock
however, as the RSI is above 60 momentum is positive and sentiments in the sector are bullish.
all this is for information.
This is not a buy/sell recommendation.
thank you,
technofunda24
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