ATRL Attock Refinery Ltd. Short-Term Analysis 3rd Aug. 2017

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ATRL Chart Illustration by CapitalMarkets

Attock Refinery Ltd.

    Oil and Gas

Price:  401.05

   Change: 3.30    2017-08-02
Open: 397.75 52 Week High: 516.50 Market Capitalization Mln: 34206.76
High: 404.99 52 Week Low: 296.00 Outstanding Shares. Mln: 85.29
Low: 393.25 52 Week Avg.: 398.20 KSE AllShares % Weight-age: 0.35
Close: 401.05 52 Week Max Vol.: 4110100 KSE100 % Weight-age: 0.58
Average: 399.26 52 Week Min Vol.: 0 KSE30 % Weight-age: 0.89
Volume: 1337800 52 Week Total Vol.: 298142000 Data Last Updated: 2017-08-02

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Our Pivot: 420.60

Our Preference: Short Sell ATRL below 409 with strict stop loss of 420.60 and profit target at 384 and 376,

Alternate Scenario: Upward penetration of 420.60 will call for 437.

NOTE: ATRL have completed its 50% correction of its last bearish rally and right now its capped by a resistant trend line along with a horizontal resistance.

Daily Chart with Supports and Resistances:

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