IFL Holdings Limited is a holding company. The Company’s segments include fund based activity, financial product distribution, capital market activity and others.

1. Its long term trend is up as price is making a higher top higher bottom formation and mid and long term EMA’s are moving upwards.

2. The price has a tendency to bounce at the 200 EMA and that is its stock personality. This occurs due to investors finding value at these dynamic support levels. This is a classic accumulation spot and investors have to add this script on dip ( Dip means 200 EMA ) . Once in few years this script will be available at 365 EMA and that will be like a golden area to add.

 

3.  The best price to add the script would be in the following Demand Zones on Daily , Weekly and Monthly time frame. One can start accumulation in these areas.

4.  If we consider the swing 165 – 342 , we can observe that price has bounced back from 50% retracement level and has rallied since then. Fibonacci extension projects the price at 403 and 445. Short term traders can expect these price from CMP ( 317.65 ). However it’s best price is at the daily and weekly demand zones.
This script is to be held for a long term ( 2-3 years ) for a 100% appreciation owing to excellent fundamentals.
P.S. : This analysis is invalid below 230