Breakout done : IIFL33 week cosolidation
2T VCP
volume dry up
strong prior move
next resistance at - 400
SL - 280
IIFL trade ideas
Trend change in Scrip!Rounding bottom followed by trendline breakout, now might result in completing pole after a flag and might lead to cup completion as well(Hence the target placement).
- Fundamentally sound scrip, even long term investors can consider this as a good opportunity.
IIFL - Flag Pattern In the Making30-09-2021
Breakout from will ensure for 375-400-450 Targets
Wait Patiently for the Breakout
iifl finance buy zone 240- 270 can expect 345++ read descriptioniifl finance already corrected from 345 to 240 around 100 points
and is range bound from many days
so prefer to buy between 240-270 around + or - 10 points
company fundamentally good and past qoq results are also good
and is on circuit from last two days one can accumulate for long term hold of atleats 6m -1y might give 30-100% return
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
IIFL FINANCE -Weekly chart
-Strong uptrend
-Flag pattern
-First target previous ATH, can be added more if breaks ATH successfully
-SL close below previous weekly candle low
IIFL CUP AND HANDLE PATTERN BREAKOUTIIFL gives a cup and handle pattern breakout on daily time frame
If it is able to sustain above 300 then we can go for a great swing trade
with targets of 350/400 with strict stoploss of 270
Duration of trade after entry will be 1-2 months
Good Swing Trade Opportunity in IIFlSwing Long In IIFL
*Cup And Handle Breakout
*Flag And pole Breakout
*Long Consolidation Breakout
IIFL LongIIFL Long
Flag pattern found
Wait for breakout close above 270
Buy above- 270 (on closing basis)
SL- 241
Target- 313, 365, 420
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
IIFL buy above 284 target1 308 target2 340 #IIFL buy above 270 to 284 target get 308 340 360 quickly NSE:IIFL
Resistance breakout in IIFLIIFL has consolidated from more than 15 weeks in the range of 250-290. The stock witnessed strong volume in the first week of July, Breakout from the level of 290-292 can lead the price up to 338-340, with the SL of 249.95.
Going to Double this price.A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U". Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements.
IIFL SWING TRADE 1D TIME FRAMEIIFL is currently trading in channel and recently made a higher low. So we are trying to trade for the higher high by initiating a long position @260 with StopLoss @238.
Add some at retest. IiFl is testing trend line, it's very good opportunity to add some quantity, use strict stoploss.
