INIL International Industries Short-Term Analysis 14th Sep. 2020

Further Advance

Our Pivot: 149.00

Our Preference: Buy INIL above 153.50 and average it out as long as its trading above 152 with strict stop loss of 149 and profit target at 157.80 and 160.10.

Alternate Scenario: Downward penetration of 149.00 will call for 145.

NOTE: INIL have completed its correction on hourly chart and its being supported by a rising trend line.

Hourly chart with supports & resistances: