ISL International Steels Limited Short-Term Analysis 14th Oct. 2020

Share Post:

Under Pressure

Our Pivot: 74.60

Our Preference: Start short selling ISL below 72.50 and average it out till 74 with strict stop loss of 74.60 and profit target at 68.40 and 67.30.

Alternate Scenario: Upward penetration of 74.60 will call for 75.50 and 77.30 with extension towards 81.

NOTE: ISL is moving downward after completing its bearish correction.

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

69.90

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports68.3766.8565.53
Resistances71.2172.5374.05
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

Explore