ATRL Attock Refinery Ltd. Intraday Analysis 24th July 2017

Further Advance

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ATRL Chart Illustration by CapitalMarkets

Attock Refinery Ltd.

    Oil and Gas

Price:  359.07

   Change: 8.57    2017-07-21
Open: 350.50 52 Week High: 516.50 Market Capitalization Mln: 30626.16
High: 361.90 52 Week Low: 296.00 Outstanding Shares. Mln: 85.29
Low: 346.00 52 Week Avg.: 396.78 KSE AllShares % Weight-age: 0.33
Close: 359.07 52 Week Max Vol.: 4110100 KSE100 % Weight-age: 0.54
Average: 354.37 52 Week Min Vol.: 0 KSE30 % Weight-age: 0.82
Volume: 687100 52 Week Total Vol.: 295514000 Data Last Updated: 2017-07-21

Further Advance

Our Pivot: 351

Our Preference: Buy ATRL above 356 with strict stop loss of 351 and profit target at 366 and 370,

Alternate Scenario: Downward penetration of 351 will call for 344.

NOTE: ATRL is caged in a triangle on hourly chart and right now its getting support from a  horizontal support which would try to push it towards 366 Rs and breakout of 366 will call for 370 and more on.

Hourly Chart with Supports and Resistances:

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