ISL International Steels Limited Short-Term Analysis 13th Jan. 2020
Further Advance
Our Pivot: 52.70
Our Preference: Start Buying ISL from 56.50 and average it out till 55.10 with strict stop loss of 52.70 and profit target at 61.10 with extension towards 64.30.
Alternate Scenario: Downward penetration of 52.70 will call for 49.00 and 47.60.
NOTE: ISL is being supported by a rising trend line and right now its going to expand its recent correction. Daily and weekly momentum indicators have generated bullish crossovers and these would push it towards 61.10 Rs initially.
Daily Chart with Supports and 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
57.38
Price Adjusted
52 Weeks Range
52w Low
52w High
Intraday
Pivots
| Level | 1st | 2nd | 3rd | Supports | 56.54 | 55.69 | 54.84 | Resistances | 58.24 | 59.09 | 59.94 |
|---|
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