ISL International Steels Limited Short-Term Analysis 8th Mar. 2021

Rebound Insight

Our Pivot: 85.00

Our Preference: Buy ISL above 90.20 and average it out till 87.90 with strict stop loss of 85.00 and profit target at 96.00 with extension towards 99.16.

Alternate Scenario: Downward penetration of 85.00 will call for 79.50 and 76.30.

NOTE: ISL is being supported by a rising trend line along with a strong horizontal supportive region.

Chart with supports & resistances: