The stock $IIFLCAPS is currently trading in a consolidation phase after recovering from its recent correction. The stock has been moving sideways near the ₹330–340 zone, indicating a balance between buyers and sellers. Despite the lack of strong momentum the price has managed to hold above its recent support levels which is a positive sign. This consolidation appears to be a healthy pause and a breakout above the current range could trigger the next upward move. The immediate support is placed around ₹320–325 where buyers have consistently defended the price. If this level breaks the next important support is near ₹295–300. On the upside the first resistance is around ₹345–350. A decisive close above this zone can open the way for ₹370–380 while the major resistance is placed near ₹400–410. The stock is consolidating after a recovery and continues to hold a constructive technical structure. While the broader trend is gradually improving a breakout above ₹350 is required to confirm fresh bullish momentum. Until then, the stock remains neutral to bullish with a positive bias if key support levels continue to hold.

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