Get started
IIFL FINANCE LIMITEDIIFL FINANCE LIMITEDIIFL FINANCE LIMITED

IIFL FINANCE LIMITED

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

IIFL trade ideas

IIFL : BREAKOUTFresh breakout in IIFL , Expecting good Up move from here TGT- 380 & 420 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
NSE:IIFLLong
by finogent
1
simple possible long breakout in IIFL FINANCE LTD. Since March 2021 IIFL finance has been consolidating in its daily timeframe. In the last week of December it had touched 200 ema and bounced back, showing that stock has completed its correction in daily timeframe and also it has contracted all the moving averages. Stock is ready to give fresh breakout if stock fails to give breakout than price action may move towards correction in weekly timeframe and that will lead to braking of 200 ema of Daily timeframe. NSE:IIFL When we look at its patterns stock is forming cup and handle pattern since approximately 11 months. currently it is trading above its handle trendlines and black support line. Any daily closing above 340 rupees in daily timeframe will give us confirmation of long position with initial target of approximately 430 rupees. NSE:IIFL when we look at long term target stock has potential to go upto levels of 550 - 570 rupees. When we look at fundamentals of company, there has been continuous rise in EPS and company has almost reached its pre-pandemic levels.
NSE:IIFLLong
by dushyantagola
iifl finance the dark horse after bajaj financ read description iifl promoter nirmal jain a strong one we can see in past he developed iifl wealth managment and iifl group companies now he is onto iifl finance where its eps are rising significantly qoq and last week there was a bulk deal where iifl group raised around 360 cr you can find the article in money control and later on they have meeting with motilal group in this month and there also consulted captial market firm to estimate their home finance sector and to calculate its value soon that might act as trigger , and coming to technicals you can see ascending triangle pattern ,there happened breakout and it retested and the bulk deal happened around 300 per share last week means 300 and below is a good or best price to accumulate if it comes there ,and there happened another bulk deal at 374 at its 52 week high last month , means imagine the value at big guys are buying it and estimating growth , based on nirmal jain interview he spoke the company roce for next 2-3 years would be 25-30% based on that stock eps can upto 44-66 eps per share which make stock value surge to 1200-3600 at max for short term it may reach 400+ and for medium term 700+ and in long term 1200+---3000++ the growth potential in nbfc is so high and there is a lot of uncaptured market share and currently stock is in asm(additional surveillance measure) level1 dropped from asm level 4 soon it will out of asm and may lead a rally , however qoq results is where we must concentrate if next quater results are good the stock might have a great rally and only 9% shares are available to public so small equity also disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
NSE:IIFLLong
by techno_funda_guy
4