ISL International Steels Limited Mid-Term Analysis 27th Jun. 2019

Further Advance

Our Pivot: 36.30

Our Preference: Buy ISL as long as 37.60 is maintained as supportive region with strict stop loss of 36.30 and profit target at 40.75 with extension towards 42.70.

Alternate Scenario: Downward penetration of 36.30 will call for 34.60.

NOTE: Daily & Hourly momentum indicators are in bullish mode and these would try to push ISL in upward direction as its bouncing back after getting support from a supportive region.

Daily Chart with Supports & Resistances: