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:
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