IIFL - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 4.2

Here’s a data-driven pulse check on IIFL, decoding its momentum mechanics, price structure, and tactical setups

📉 Trend Analysis

Current Price (₹515) stands well above both 50-DMA (₹478) and 200-DMA (₹429) → validates a strong upward trend with solid recovery from previous lows.

Having pulled back slightly from the high of ₹561, the price remains structurally bullish.

📌 Trend Status: Trending Up, with mild consolidation above short-term support.

🔁 Momentum Indicators

RSI (55.8): Healthy zone—supports continued bullish tone without signaling overbought conditions.

MACD (12.8): Strong and rising → implies positive momentum with upside potential still intact.

Volume: Slightly above average → signifies sustained market interest in the current price zone.

🧭 Momentum strongly favors bulls with no signs of exhaustion yet.

📊 Bollinger Bands

Price likely hovering in upper-middle band range, confirming positive bias.

No band squeeze—indicates stable price expansion, not poised for sharp breakout yet.

🧱 Support & Resistance Zones

Zone Type Price Range (₹) Insight

Support 500–508 Recent pivot range, near-term bounce probability

Resistance 545–560 Previous high zone and short-term supply area

Breakout Zone 565+ Would confirm fresh bullish leg if volume accompanies

🎯 Trade Strategy

Entry Zone: ₹505–₹515 (ideal for momentum riders looking for trend continuation)

Exit Zone: ₹545–₹560 (partial booking at highs)

Stop Loss: ₹495 (beneath support base to manage risk)

📌 Conclusion

IIFL is currently riding a bullish wave, supported by strong MACD and stable RSI.

Traders may lean into trend-follow setups, but high valuation (P/E 38.7) and macro profit decline suggest caution beyond ₹560.

A decisive push past ₹565 would reopen new upside zones, especially if FII selling pressure fades.

Want a sentiment heatmap across NBFC players or a valuation overlay to spot premium vs deep-value setups? I’m game to dive deeper 🔍📈

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