ATRL Attock Refinery Short Term Analysis 10 Jun. 2020

Further Advance

Our Pivot: 92.25

Our Preference: Start Buying ATRL from current price and average it out til 94.50 with strict stop loss of 92.25 and profit target at 99 with extension towards 100.50.

Alternate Scenario: Downward penetration of 92.25 will call for 89 and 87.60.

NOTE: ATRL is moving in a rising wedge and right now its heading upward to retest resistant trend line of said wedge.

Daily chart with supports & resistances: