ISL International Steels Limited Short-Term Analysis 29th Oct. 2019
Downside Prevails
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:
Leave A Comment
Required fields are marked *. Your email will not be published or shared.