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IIFL FINANCE LTD
Long

#IIFL - Bullish view #ABCD #EW

By MakarandK
IIFL Finance: It did exactly .382 retracement and surged almost 30% in last 3 weeks to give consolidation breakout. Price trading well above key EMAs supported by positively trending oscillators. Appear it is forming ABCD & as per EW C, which indicates target around 450 & beyond. Good to accumulate on dip between 330-340 (allow DRSI to melt a bit). Keep eyes.
Chart PatternsElliott WaveHarmonic Patterns
MakarandK
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