IIFL Finance is showing a positive technical structure,

IIFL IIFL Finance is showing a positive technical structure, with the stock trading above all four important EMAs (21, 55, 100 and 200), indicating strength across short-, medium- and long-term trends. The alignment of these moving averages suggests bullish momentum, while the formation of a Cup and Handle pattern indicates a potential bullish continuation setup. The rounded cup represents gradual accumulation, while the handle reflects a temporary consolidation before a possible breakout; a decisive breakout above the handle resistance with strong volume can strengthen the bullish outlook. Fundamentally, IIFL Finance reported a strong Q2 FY27 performance, with consolidated loan AUM growing 38% YoY to ₹1.24 lakh crore and profit after tax (pre-NCI) rising 93% YoY to ₹805 crore. Asset quality also improved, with Gross NPA declining to approximately 1.5% from 2.1% a year ago, while around 90% of its AUM is secured lending. Overall, improving profitability, strong AUM growth and a bullish technical structure make the stock interesting to track, although breakout confirmation and valuation remain important.