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:
ISL 30
Level | 1st | 2nd | 3rd | Supports | 89.90 | 88.57 | 87.65 | Resistances | 92.15 | 93.07 | 94.40 |
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