IIFL Bull or Bear - Breakdown Alert

72
📉 IIFL has broken its ascending trendline with strong bearish candles, confirming a sharp downside move.

Price: 419 (–3.86%)

MACD: Strong bearish crossover, momentum accelerating downwards

RSI: Near oversold (23), confirming selling pressure

Zone to Watch: Support around 415–417; Resistance near 452–467


⚠️ If 415 breaks decisively, expect further downside. Bulls need strong volume recovery to regain control.

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