ISL in Range bound situation, but good for swing

International Steels Limited (ISL), it is the one of June closing year end companies. It is currently in a range bound situation but this might be a good time for accumulation.

80 is weekly resistance and a critical area. We need closure above this then our next targets are achievable.

90 is also weekly resistance if a rally starts again in bullish side.

Sell half, and hold half strategy can be a good approach here. Profit taking on higher side can help secure profits.

101 is monthly resistance so be aware of this area.