ISL International Steels Ltd Short-Term Analysis 15th Jul. 2020
Under Pressure
Our Pivot: 62.00
Our Preference: Start short selling ISL from current price and average it out till 60.10 with strict stop loss of 62.00 and profit target at 56.00 with extension towards 54.80.
Alternate Scenario: Upward penetration of 62.00 will call for 64.00.
NOTE: ISL is facing rejection from resistant trend line of its rising price channel on daily chart along with a strong horizontal resistant region.
Daily chart with supports & resistances:
ISL 30
Overview
Quick Snapshot
Free Float
130,500,000
O/S Shares
435,000,000
Market Cap. (m)
0.00
Var Value
14.50
Hair Cut
17.50
Last Price
Price Adjusted
52 Weeks Range
52w Low
52w High
Intraday
Pivots
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
-0.21
-0.32
QTD Price Return
-0.21
-0.32
3M Price Return
-5.70
-8.03
6M Price Return
-6.96
-9.63
9M Price Return
-25.21
-27.86
YTD Price Return
-1.21
-1.82
1Y Price Return
-26.46
-28.84
3Y Price Return
7.79
13.55
5Y Price Return
-50.89
-43.80