Rebound Insight
Our Pivot: 93.30
Our Preference: Start buying ISL from 98.60 and average it out till 97.17 with strict stop loss of 93.30 and profit target at 104.50 with extension towards 107.90.
Alternate Scenario: Downward penetration of 93.30 would call for 89.60.
NOTE: ISL have completed its 50% correction on daily chart and now Daily Stochastic is trying to generate a bullish crossover which would try to push ISL back in bullish direction.
Daily Chart with Supports and Resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.