🎯The chart is pretty self-explanatory as always!
🎯RBI barred IIFL from disbursing new gold loans. The 20% Drawdown was triggered by the very same news.
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation....
📊 Script: IIFL
📊 Sector: Finance
📊 Industry: Finance & Investments
Key highlights: 💡⚡
📈 There was a huge gap down on 4th March and 5th March so, Script may fill the gap.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 424
🟢 Target 🎯🏆 - 600
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not...
About IIFL FINANCE LTD
Sector-Finance
Industry-Finance/Rental/Leasing
ISIN - INE530B01024
IIFL Finance Ltd. engages in providing financial services. It offers services through Gold, Business, Personal, Home, Secured Business Loan, Digital finance, and Samasta Microfinance.
Hi,
Banking & Finance sector is doing well in India and is expected to continue performing. This gem is available at PE below 15 and is showing signs of accumulation in range of 400-500 since mid 2022. Based on volume on today's price action and breakout from downward sloping line , the script is expected to gain momentum and break all time highs soon.
The stop...
another longer term pick. ive outlined 3 zones where demand can come in , buy at these 3 prices in 3 lots . 575 , 555 and 535 . sl below 495 FOR LONG TERM .
Reason for long
a) Triangle breakout
b) QQE long
c) Renko long
d) Super trend long
Indicators are the price specific zone/area and confluence of various indicator specific zone are highly probable zone.
repeated trading at these area has high probable towards profitability and high risk reward zone.
Hence SL compulsory
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
The stock had previously given a breakout and then consolidated for a while until weak hands exited. Formed VCP post breakout and again has given ATH breakout. Stocks looks to be in momentum as of now.
NSE:IIFL
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss,...
NSE:IIFL BSE:IIFL
Trade set-up on daily timeframe
Gains: 15%
*Not a financial advice.
My charts speaks louder than words.
I'm a chartist and I paint charts.
NSE: IIFL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on...
ok Now iifl can go up side on the base of 1 day rs model and renko chart study based if stostecic give a break out then we can entry in this with the sl of 1 : 2 and our sl is the basis on the candle stick chart pattern
.
It offers a wide spectrum of products such as Home loan, Gold loan, business loan, microfinance, capital market finance and developer & construction finance, etc
Market Cap
₹ 16,930 Cr.
Stock P/E
12.6
Book Value
₹ 220
Pledged percentage
0.00 %
Reserves
₹ 8,283 Cr.
Price to book value
2.02
Int Coverage
1.57
PEG Ratio
1.09
Bullish - Trading above 10 ,...
