“IFCI remains in an uptrend, forming a higher high and higher low structure, trading above key moving averages. Rising ADX on weekly and daily timeframes, along with green MACD histogram bars, indicate strengthening bullish momentum. The stock's close above its previous swing high of 95.80 signals a breakout, with immediate support at Rs 96–95.5. The uptrend is likely to extend as long as it sustains above this support.”

Sudeep Shah’s track record: 14 graded calls · 95% CI 16–61%