" />
Rebound Insight
Our Pivot: 66.80
Our Preference: Start buying ISL above 69.70 and average it out till 68.20 with strict stop loss of 66.80 and profit target at 72.00 with extension towards 73.90.
Alternate Scenario: Downward penetration of 66.80 will call for 65.30 and 64.50.
NOTE: ISL is trying to bounce back after retesting a strong horizontal supportive region on daily chart.
Daily chart with supports & resistances:
ISL 30
Level | 1st | 2nd | 3rd | Supports | 68.19 | 66.20 | 64.05 | Resistances | 72.33 | 74.48 | 76.47 |
---|