International Steels Limited (ISL) – Bullish Setup Price has made a strong rebound from the Fibonacci golden zone, which was previously a resistance and has now turned into solid support. The price has moved above the MA200 moving average, and RSI is climbing above 52, indicating powerful bullish momentum. 📈🔥
Trade Details:
• Entry 1: 96 (Current Market Price) 🎯
• Entry 2: 90 (Pullback Opportunity) 🔄
Risk Management:
• Stop Loss: 86 ❌
Take Profit Targets:
• TP1: 110 (First resistance level) 🥅
• TP2: 118 (Next resistance zone) 🥅
• TP3: 128 (Major resistance level) 🏆
This setup offers a well-balanced risk-reward and presents a promising swing trading opportunity. Keep a close watch on the momentum! 👀💪
