ISL International Steels Limited Short Term Analysis 23 Dec. 2017

Rebound Insight

Our Pivot: 86.03

Our Preference: Buy above 96.05 with strict stop loss of 86.03 and profit target at 114.30 and 125.00.

Alternate Scenario: Downward penetration of 86.03 would call for 70.00.

NOTE: ISL is Supported by a rising trend line and a horizontal supportive region.

Weekly chart with supports and resistances: