ISL International Steels Short term analysis 9th Jun. 2020

Share Post:

Further Advance

Our Pivot: 50.00

Our Preference: Start buying ISL above 51.50 and average it out till 50.90 with strict stop loss of 50.00 and profit target at 53.40 with extension towards 55.00.

Alternate Scenario: Downward penetration of 50.00 will call for 47.60.

NOTE: ISL have given bullish breakout of its descending wedge on hourly chart.

Hourly 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

51.90

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports51.0650.2149.61
Resistances52.5153.1153.96
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