IFCI - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.1

Here’s a detailed technical analysis of IFCI Ltd (IFCI)

📊 Trend Overview

Phase: Trending upward with signs of short-term exhaustion

Price Action: Trading well above both 50-DMA (₹55.7) and 200-DMA (₹55.2), confirming bullish momentum.

Volume: Below 1-week average (1.06 Cr vs 1.67 Cr), suggesting cooling off after a strong rally.

📈 Momentum Indicators

RSI (68.1): Approaching overbought zone — signals strength but caution for short-term traders.

MACD (0.45): Positive and flattening — momentum is present but not accelerating.

Bollinger Bands: Price likely near upper band, indicating strength with potential for short-term pullback or pause.

🧭 Chart Patterns

Rounded Base Formation: Price recovery from ₹35.7 forming a smooth base — bullish continuation setup.

Trendline Support: Rising trendline from ₹35.7 remains intact, supporting the current structure.

🔍 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 56.0 Minor pullback zone

Support 2 55.2 200-DMA, long-term support

Support 3 50.0 Previous swing low

Resistance 1 62.0 Minor resistance zone

Resistance 2 68.0 Pre-high congestion zone

Major Resistance 74.5 52-week high

🎯 Entry & Exit Zones

Optimal Entry: ₹56.0–₹59.0 (on dips with volume confirmation)

Short-Term Target: ₹62.0–₹68.0

Exit Zone / Stop-Loss: ₹55.0 (below 200-DMA)

🔄 Short-Term Outlook

Momentum: Strong but cooling

Bias: Bullish above ₹56.0; cautious below ₹55.0

Phase: Trending — with signs of short-term consolidation

🧠 Key Takeaways

IFCI is in a strong uptrend supported by bullish indicators and a breakout from base levels.

RSI and MACD confirm momentum, though volume suggests a pause.

A decisive close above ₹62.0 with volume could push toward ₹68.0–₹74.5.

Let me know if you’d like a chart visualization or screener of similar trending financial stocks.

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