INIL International Industries Short-Term Analysis 3rd Sep. 2020

Further Advance

Our Pivot: 141

Our Preference: Start buying INIL above 145.50 and average it out till 144.30 with strict stop loss of 141 and profit target at 155 and 158.

Alternate Scenario: Downward penetration of 141 will call for 136.

NOTE: INIL is moving in a rising wedge on daily chart.

Hourly Chart with Supports and Resistances: