ISL International Steels Limited Short-Term Analysis 12th Jan. 2021

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Under Pressure

Our Pivot: 96.85

Our Preference: Start short selling ISL below 92.80 and average it out till 94.40 with strict stop loss of 96.85 and profit target at 87.90 with extension towards 85.65.

Alternate Scenario: Upward penetration of 96.85 will call for 99.20 and 100.30.

NOTE: ISL is caged in a triangle on hourly chart and is moving downward after completion of its bearish correction.

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

91.67

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports90.4889.2987.13
Resistances93.8395.9997.18
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

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